All core survival rules for cryptocurrency investment.
The core message is simple: come here to make money and leave, not to be 'chives' that get cut.
You should treat this as a 'wild west' where 'always be cautious' is the highest principle.
Core points and the deeper logic behind them:
1. Platform: Your 'wallet' and 'exchange'
· Only use big platforms: Trading crypto is like going to a supermarket. Binance and others like it have been established for over a decade; their prices may be higher, but they won’t run away with your money. Smaller exchanges are like street vendors; they can disappear with your funds at any time.
· Beware of fake apps: If a stranger asks you to download an app to buy coins, there’s a 99.99% chance it’s a scam. They may let you earn a few hundred at first, but when you invest hundreds of thousands, you won’t be able to withdraw your money.