Must-Read for Newbies in Crypto|
🌱 Beginner's First Lesson: Learn First, Then Make Money
Don't be a "Blockchain Illiterate"
The crypto space has a lot of jargon and deep strategies. If you can't even distinguish between “public chains,” “Gas fees,” and “contract leverage,” entering the market? You’ll get cut in no time! First, understand the basics: the principles of blockchain (recommended public lectures by Professor Xiao Zhen from Peking University), characteristics of mainstream currencies (such as Bitcoin's scarcity and Ethereum's smart contracts), then study trading strategies.
🧠 Learn the "Options Mindset": Make Money Within Your Knowledge
What is the options mindset? Accept limited losses and pursue stable compound returns. For example:
✅ Invest with spare money: Don’t use living expenses or borrow money to go all in, it will break your mindset!
✅ Build positions in batches: Avoid buying at high prices all at once; if it drops, you can average down your cost.
✅ Stop Loss > Take Profit: Set a loss limit (e.g., exit at -20%), don’t fantasize about “eventually breaking even.”
Remember: Making money in crypto relies on logic, not mysticism! Technical analysis (looking at candlesticks, trading volume) and fundamental research (project team, application scenarios) are both essential.
🙏 Respect the Market, Fear Experience
1⃣ Don’t Mock “Old Players”
Veteran players have experienced bull and bear cycles and seen countless projects go to zero. Their experience can help you avoid fatal mistakes like “chasing highs and selling lows” and “FOMO emotions.” Join community discussions, but maintain independent thinking—don’t blindly follow trades!
2⃣ Learn Buffett's “Long-term Thinking”
The crypto market is highly volatile, but quality assets need time to mature. For example, Bitcoin’s halving cycle every four years and Ethereum's ecosystem upgrades are long-term value supports.
🔑 Safety is More Important than Profit!
Choose Exchanges: Only use top exchanges (like Binance, OKEx), smaller platforms may run away with funds.
Prevent Theft: Enable two-factor authentication (2FA), never screenshot or share your private keys!
Diversify Risks: A mix of mainstream coins (BTC/ETH) + potential altcoins, don’t go all in on a single coin.
#BTC交易 #炒币经验分享 #区块链 #小白勇闯币圈 #分享我的交易