Newbies just entering crypto investing are most likely to make mistakes and suffer losses. Instead of paying tuition through losses, it's better to understand these pitfalls in advance.

Let's start with the eight most common mistakes made by beginners:

1. Going all-in and gambling everything is a suicidal move—always keep some cash reserves to handle sudden market changes.
2. Chasing highs and selling lows is a bloody lesson—stick to your predetermined plan and don't let market emotions control you.
3. Listening to rumors to buy coins? Wake up—only official data and on-chain indicators are reliable.
4. Putting all eggs in one basket—if the project fails, you'll lose everything—diversification is fundamental.
5. Stop-loss and take-profit are not optional—set your targets in advance and execute strictly; it can save your life.
6. Jumping in without understanding fundamentals? At least learn about tokenomics, liquidity, and team background—hard indicators matter.
7. Frequent trading is like working for the exchange—reducing ineffective operations is the key.
8. The most deadly mistake—using borrowed money or leverage to play with coins—this is setting a trap for yourself; only use idle funds that you won't need long-term.

Next, here are four quick-start rules:

1. Don't rush to deposit money—first master basic charts like candlesticks, moving averages, and volume.
2. Use small funds to test the waters—initially, 10,000-20,000 yuan is ideal for practice without burning money.
3. Only invest in sectors and projects you understand—avoid unfamiliar fields, no matter how big the opportunity.
4. Develop a habit of daily review—over time, you'll build your own trading logic.

In summary: beginners should avoid these eight pitfalls, follow these four steps steadily, use idle funds, diversify, and stay rational—only then can you minimize risks.