For newbies who have just entered the blockchain investment field, the market fluctuations can be confusing. If you feel lost or trapped, you might want to take a look at this article; it may provide you with some useful insights.

Here are five essential tips for newbie investors; following these tips can help you avoid many common mistakes:

1. Build a solid foundation of knowledge:
Before starting to invest, it is essential to understand the basic concepts of Blockchain technology, Bitcoin, and Ethereum. Many newbies overlook this step and end up investing recklessly without understanding the project. It is recommended to read some introductory books on Blockchain or spend 10 minutes a day browsing some professional Blockchain news websites.

2. Choose a reliable trading platform:
Do not choose small or unknown trading platforms just to save a little on fees. Prioritize well-known platforms that have been operating for a long time and have a large user base. The establishment time and user scale of a platform can usually reflect its reliability.

3. Reasonably control the investment scale:
Only invest idle funds and never put all your savings into it. One suggestion is to try using at most 10%-20% of your total assets. For example, if you have 100,000 yuan in assets, invest a maximum of 20,000 yuan. Absolutely do not invest everything, and do not borrow money to invest.

4. Maintain a stable mindset:
Do not be overly optimistic when the market rises, and do not panic when it falls. Do not change your investment strategy because of short-term fluctuations. Act according to the plan you have set for yourself, and do not be swayed by short-term market fluctuations.

5. Keep information updated:
The development of the Blockchain industry is rapidly changing. Spend some time every day paying attention to industry trends, as policy changes or project developments can impact prices. You can follow the opinions of some professional analysts, but it's important to form your own judgment and not follow blindly.

Finally, it is important to emphasize that blockchain investment is not a guaranteed profit game. The market presents both opportunities for profit and risks of loss. Maintaining a rational and calm attitude is crucial.