#系统风险事件 Wow, I just finished reviewing the events that happened in the crypto world in 2025, and my mind is a bit overwhelmed...😅

Starting from the $1.4 billion theft at Bybit, I realized how risky exchanges really are! I used to think that putting coins on big platforms was very safe, but now I understand the significance of "operational risk." Later, I saw Bitcoin's rapid drop from $125,000 in October, triggering a $19 billion liquidation wave. I couldn't help but wonder—how uncomfortable must those using leverage be?😨

Another thing that surprised me is that stablecoins are gradually becoming financial infrastructure? It feels like they have upgraded from simple trading tools to real payment tools. The SEC has also opened a "fast lane" for crypto ETPs, and all these changes are transforming the nature of crypto assets.

But honestly, seeing macro shocks, hacking attacks, and regulatory legislation happening all at once makes me a bit anxious—do beginners really need to be especially cautious when entering the market? It seems market volatility is much more complex than I imagined; it's not just about price fluctuations.

Does anyone have some advice for beginners on how to learn and experience crypto safely while understanding these risks?