I’m new to the crypto space and eager to learn more about how the industry works. I see a lot of discussions around blockchain, trading strategies, DeFi, NFTs, and security. While the potential seems huge, I also hear about scams, volatility, and regulations that make it a complex space to navigate. I’d love to hear from professionals about the best ways to get started and avoid common pitfalls.
It's good that you have a spot on with the scams and volatility. But with regulations, you can easily know what your country stands on about crypto. If they have nothing to say or they are at least positive about it, there is nothing for you to worry about. So, that's the first slash from your worries. About scams, it's very simple. Always remember the "too good to be true" matter. If someone or a platform is endorsing tremendous gains in daily profit, that's a sign of it that it's likely a scam. Volatility, meh, you can adopt that as you'll get to see how volatile this market is. Like yesterday Bitcoin was just $85k and now we're at $94k.