Newbie just entering the crypto world? I've stepped on these 5 pits for you, just avoid them.

When I just entered the crypto world, I was both excited and anxious — watching the K-lines of various coins made my heart race, always afraid of missing opportunities, and as a result, I almost fell into a lot of traps. Later, I slowly figured out the way and realized that for newbies to stabilize, they shouldn't be in a rush to earn money; instead, they should lay a solid foundation to "avoid pitfalls" first. Here are 5 of the most practical tips to help you take fewer detours:

1. Choose coins wisely; mainstream coins are the "safety card" for newbies.

At the beginning, don't be attracted by those flashy names and small coins with a market value of a few million. It may seem to rise quickly, but behind it are all traps: poor liquidity, unable to buy when you want to buy, unable to sell when you want to sell, and it's easy to be manipulated by the big players who cut the leeks.
Why not start with mainstream coins like Bitcoin and Ethereum - they have a large circulation and high market recognition. Even if they drop, they won't go to zero like small coins. For newbies, "stability" is much more important than "quick profits."

2. Don't hold onto the idea of "getting rich overnight"; breaking even is already half the victory.

The current crypto world is no longer an era where you can just buy a coin and double your money; there are too many institutions and professional players, making it difficult for newbies to compete for profits. When I first came in, I also fantasized about "turning tens of thousands into hundreds of thousands," but in my eagerness to enter the market, I ended up losing money.
Later I realized: during the Newbie stage, being able to avoid losses or make a small profit is already better than many people. Lowering expectations, not being greedy or gambling, can actually help make more rational judgments.

3. Where the money is is more important than what to buy, safety first.

Don't put all your money in exchanges, especially small ones. If they run away, you'll have nowhere to cry. For large amounts, it's advisable to transfer to a wallet where you control the private keys (like a cold wallet). Although it's a bit troublesome, the money is yours. For small transactions, use top exchanges, as they at least offer better compliance and security.
In addition, never play with ultra-short lines—coin prices can fluctuate by 10% in just a few minutes, and newbies simply can't react in time. Frequent buying and selling can not only lead to no profits, but the transaction fees can also result in significant losses.

4. Risk control that every Newbie must understand: spare money + stop-loss, not a single one can be missing.

First of all, use only the idle money that "losing it won't affect your life" to trade coins, for example, take out 10% of your salary every month, even if you lose it all, it won't disrupt your life rhythm.
Secondly, before buying coins each time, be sure to set stop-loss and take-profit levels: for example, sell if it drops by 5% to avoid losing more; take some profits if it rises by 10%, don’t be greedy and wait for it to "rise a bit more." I used to not set stop-loss and watched helplessly as profits turned into losses, so remember this point.

5. First learn "cognition" before entering the market, don't rely on luck to make money.

At first, I was too lazy to learn, thinking that watching K-lines and understanding logic was too troublesome, and it was enough to follow others to buy. As a result, others made profits while I lost money. Later, I realized: money earned by luck will eventually be lost back through skill.
Spend half an hour every day reading industry news, understand what blockchain is and the logic of mainstream coins, and gradually build your own judgment—only after you have a basic understanding of the market should you start trading, which will increase your chances of winning.

In fact, for newbies entering the crypto world, the biggest pitfall to avoid is not "choosing the wrong coin", but rather "being too eager". Don't think about making money as soon as you enter the market; first, get a good grasp of these basic rules and proceed steadily, which will allow you to go further.