Featured image of post Self-Defense Rules to Avoid Failure in Your First 加密货币 投资Featured image of post Self-Defense Rules to Avoid Failure in Your First 加密货币 投资

Self-Defense Rules to Avoid Failure in Your First 加密货币 投资

While offering high gains, crypto markets carry substantial downside risks. To protect yourself from scams and market volatility, we share key self-defense rules for beginners.

Key Self-Defense Rules

1. Invest Only Spare Capital

Crypto is a high-risk asset class that could theoretically drop to zero. Never invest money required for rent, food, or basic living expenses.

2. Never Share Your Seed Phrase / Private Keys

The 12-word recovery seed phrase for wallets like MetaMask is the master key to your funds. Anyone who asks for it (including fake support staff) is trying to rob you. Keep it written safely offline.

3. Avoid Leverage and Margin Trading

Trading with leverage multiplies losses, potentially resulting in forced liquidation and debts. Stick strictly to spot trading when starting.

4. Practice DYOR (Do Your Own Research)

Never buy coins based on influencer hype or promises of “100x returns.” Read project documentation and verify facts independently.