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mamamayan
@mamamayan
Tips for Newcomers in Crypto: How to Avoid Pitfalls 1️⃣ Stay Away from Leverage Trading!!! Not only beginners but even experienced traders and pros have lost everything in leverage trading. If you're new, stick to spot trading and hold your assets steadily. 2️⃣ Avoid Small-Cap Coins Most small-cap coins in the crypto space are designed to trap investors. Once they crash, they often go to zero. If a coin drops over 99%, has a tiny market cap, or is completely unknown, stay away. Focus on mainstream cryptocurrencies instead. 3️⃣ Don’t Use Small Exchanges Small exchanges carry high risks of shutting down unexpectedly, blocking withdrawals, or even vanishing with users’ funds. Always trade on reputable, well-known exchanges. To stay safe, consider diversifying your funds across multiple trusted platforms.
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