The biggest risk isn't the risk itself, but not knowing how it might unfold. Don't let one mistake bury everything you've got.

Since 2019, the world’s been on vibrate mode. We’re constantly witnessing history, with wild events happening every few days. Our poor memories can’t keep up, and soon enough, those vivid moments fade into a blur. But for the main players in these events, a single misstep can mean no return to their normal lives. If you don’t want to be one of those “main characters,” maybe take some time to think about how to avoid falling into those traps.

Steer clear of leverage.

It's an old topic, but I must stress it again. If you know a bit about the crypto market, you know it's super volatile. Using leverage can mess with your mindset and lead to bad decisions. Plus, you'll face higher costs. Basically, the moment you choose leverage, you've already lost.

We don't have to dive into the crypto market. But if non-professional investors want to, they should use "extra cash." Use money you won't need for years or wouldn't miss much if lost. Those who get rich with leverage are just lucky exceptions.

Don't go full-time into crypto trading.

The real pros only trade twice in a cycle: buy at the bottom, sell at the top. But that's the ideal scenario, and no one can actually do it. Even if you watch the market 24/7, do you really think you can beat a step-by-step strategy?If you're not a pro, don't make trading crypto your job. Find a way to earn money safely. Work hard and make a steady income. Use your free time for investing. Don't let trading be your excuse to slack off.

Watch your crypto. You might stash it on some sketchy platform just to trade. Maybe you lent it out because a friend asked. You could send it to the wrong address and lose it forever. Or you're staking on a platform without knowing the risks. Bottom line: if your crypto's in a risky spot, it might not be yours anymore.

Learn on your own, don't just chase trends. Missing out on some isn't a big deal.

Do your own research, don't rely on groups. Others might just be pretending.

Don't push others to buy crypto. If they profit, it's not your win; if they lose, it's on you.

Don't trust any get-rich-quick schemes. There's no free lunch.

Pick assets with good liquidity. If it's hard to buy, it'll be harder to sell.

Outside the circle:

Cut back on real estate investments. The global market is on a downturn, especially domestically. Houses beyond living needs can be burdens, especially with loans. Only buy if necessary.

Don't flaunt your wealth. Times are tough for many, and if you're doing well, you're a target. You never know who's watching.

Keep some cash at home.

Avoid pointless socializing. Be aware of the worsening social environment.

Stay fit. The future might be tougher, and you'll need good health to handle responsibilities.

The biggest risk isn't the risk itself, but not knowing how it might unfold. Don't let one mistake bury everything you've got.

Since 2019, the world’s been on vibrate mode. We’re constantly witnessing history, with wild events happening every few days. Our poor memories can’t keep up, and soon enough, those vivid moments fade into a blur. But for the main players in these events, a single misstep can mean no return to their normal lives. If you don’t want to be one of those “main characters,” maybe take some time to think about how to avoid falling into those traps.

Steer clear of leverage.

It's an old topic, but I must stress it again. If you know a bit about the crypto market, you know it's super volatile. Using leverage can mess with your mindset and lead to bad decisions. Plus, you'll face higher costs. Basically, the moment you choose leverage, you've already lost.

We don't have to dive into the crypto market. But if non-professional investors want to, they should use "extra cash." Use money you won't need for years or wouldn't miss much if lost. Those who get rich with leverage are just lucky exceptions.

Don't go full-time into crypto trading.

The real pros only trade twice in a cycle: buy at the bottom, sell at the top. But that's the ideal scenario, and no one can actually do it. Even if you watch the market 24/7, do you really think you can beat a step-by-step strategy?If you're not a pro, don't make trading crypto your job. Find a way to earn money safely. Work hard and make a steady income. Use your free time for investing. Don't let trading be your excuse to slack off.

Watch your crypto. You might stash it on some sketchy platform just to trade. Maybe you lent it out because a friend asked. You could send it to the wrong address and lose it forever. Or you're staking on a platform without knowing the risks. Bottom line: if your crypto's in a risky spot, it might not be yours anymore.

Learn on your own, don't just chase trends. Missing out on some isn't a big deal.

Do your own research, don't rely on groups. Others might just be pretending.

Don't push others to buy crypto. If they profit, it's not your win; if they lose, it's on you.

Don't trust any get-rich-quick schemes. There's no free lunch.

Pick assets with good liquidity. If it's hard to buy, it'll be harder to sell.

Outside the circle:

Cut back on real estate investments. The global market is on a downturn, especially domestically. Houses beyond living needs can be burdens, especially with loans. Only buy if necessary.

Don't flaunt your wealth. Times are tough for many, and if you're doing well, you're a target. You never know who's watching.

Keep some cash at home.

Avoid pointless socializing. Be aware of the worsening social environment.

Stay fit. The future might be tougher, and you'll need good health to handle responsibilities.