1. The essence of the sickle: All projects aim to drain your pockets; don't dream of being the "Chosen One."
2. Trust only the mainstream: Hold steady with BTC/ETH/SOL/BNB! The ecosystem is there, and even if you're trapped at high levels, there's a chance to recover. Don't gamble on the "next ETH."
3. New coins are scams: 99% of new coins are scams packaged by Southeast Asia/Dubai operators. No ecosystem on-chain, all air; they harvest immediately upon launch.
4. Be cautious with contracts: 2x leverage can blow up; high leverage will definitely get you liquidated. The whales are watching your long and short positions, killing both sides.
5. Stay away from signal groups: 99% of the "Contract War Gods" showing off millions in profit are shills. The early followers have already become tools for the scammers to attract traffic.
6. Ultimate advice: Avoid trading if possible. If you must play, dollar-cost average into mainstream coins. Don't believe in "100x myths"—you're always buying at the top.
Remember: There are no philanthropists in the crypto world; staying alive is more important than getting rich quickly.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Iron Rules for Survival in the Crypto World
1. The essence of the sickle: All projects aim to drain your pockets; don't dream of being the "Chosen One."
2. Trust only the mainstream: Hold steady with BTC/ETH/SOL/BNB! The ecosystem is there, and even if you're trapped at high levels, there's a chance to recover. Don't gamble on the "next ETH."
3. New coins are scams: 99% of new coins are scams packaged by Southeast Asia/Dubai operators. No ecosystem on-chain, all air; they harvest immediately upon launch.
4. Be cautious with contracts: 2x leverage can blow up; high leverage will definitely get you liquidated. The whales are watching your long and short positions, killing both sides.
5. Stay away from signal groups: 99% of the "Contract War Gods" showing off millions in profit are shills. The early followers have already become tools for the scammers to attract traffic.
6. Ultimate advice: Avoid trading if possible. If you must play, dollar-cost average into mainstream coins. Don't believe in "100x myths"—you're always buying at the top.
Remember: There are no philanthropists in the crypto world; staying alive is more important than getting rich quickly.