Here are a few warnings for people who are just getting started with cryptocurrency:

1、Don’t trade contracts—don’t trade contracts—don’t trade contracts!

2、If you really can’t resist and you open a contract, don’t play meme coins. Those that look like they’ll just go up a few hundred or even a few thousand percent—seemingly so tempting—but they’re not for you to play.

3、What are meme coins? In my opinion, besides BTC and ETH, everything else is a meme coin.

4、If you really want to trade contracts, trade only these two. You must set an automatic take-profit. I usually aim for 20%—trade multiple times a day, make a little profit each time, and take profits when you should.

5、If you open a wrong position in the direction for Bitcoin or Ethereum, you can still recover—as long as you have margin. But with meme coins, if you open the wrong direction, you will be reduced to zero.

6、Don’t put all your money as margin. You must keep part of it for your contract position. I usually keep 80% and use only 20%.

7、I believe the strategy above can help you make a little less every day. It’s suitable for people who don’t have much money at the early stage, but are eager to turn things around in Web3. Once you’ve accumulated more, the later returns will be higher, and there will be more ways to generate profits—but keep away from contracts, keep away from meme coins! $BTC