1. Mandatory entry course: Understand the underlying logic
1. Value coins vs. air coins: A life-or-death question
Must hold hard currency:
Bitcoin (BTC): the 'digital gold' of the blockchain world, accounting for over 40% of market value, the strongest in price resistance;
Ethereum (ETH): representative of 'Blockchain 2.0', supporting the smart contract ecosystem, with great long-term appreciation potential.
Minefield warning:
Tokens that promise '100 times returns' and 'zero risk' (such as XX chain, XX coin) are 99% air coins, dealing with them will result in losses.
2. Complete trading process risk avoidance guide
Fiat currency
Top exchanges: Binance/OKX/Huobi
Buy BTC/ETH
Wallet storage: Imtoken (ETH)/Bitpie (BTC)
Participate in quality project tokens
Exchange profits back to BTC/ETH
Withdraw fiat currency
Fiat currency
Top exchanges: Binance/OKX/Huobi
Buy BTC/ETH
Wallet storage: Imtoken (ETH)/Bitpie (BTC)
Participate in quality project tokens
Exchange profits back to BTC/ETH
Key actions:
For fiat trading, choose platforms with third-party guarantees and refuse private transactions;
Transfer important assets to your wallet within 72 hours, keep only short-term trading funds on the exchange.
2. Tools and security: More important than making money
3. Platform and wallet black and red list
Category recommendation list minefield warning exchanges Binance (good experience), OKX (full derivatives), Huobi small platforms (run rate > 60%), unregulated platforms ETH wallet Imtoken (supports multiple chains) web wallet, unknown wallet APP BTC wallet Bitpie (HD wallet, private key self-held) exchange built-in wallet (not decentralized)
4. Account security iron rule
Triple protection:
① Google two-factor authentication (GA): Must be enabled on all exchanges to prevent hacker database breaches;
② Independent password for email: Set a high-strength password for the email registered with the exchange;
③ Prohibit account reuse: Use different accounts for different platforms to avoid 'one loss affects all'.
3. Investment strategy: Anti-human survival rules
5. Fund allocation '5221 rule'
50% mainstream coins: BTC+ETH, preserve value in bear markets, follow trends in bull markets;
20% potential coins: Emerging coins in the top 20 by market value (e.g., SOL, AVAX), must meet 'technology landing + team real name';
20% ICO/private placement: Limited to mature projects that have participated in more than 3 rounds of financing, with a single investment ≤ 5% of total funds;
10% cash: Used for buying the dip during sharp declines or emergency stop-loss.
6. Regular investment vs. all-in: The only right choice for beginners
Regular investment discipline:
Buy at a fixed time each week (e.g., Friday at 8 PM), regardless of price fluctuations;
If it drops by 10%, invest 1 more time, if it rises by 20%, redeem 1/3, enforce 'high selling and low buying.'
Taboo:
Leverage, futures, contracts (95% of beginners die from liquidation);
Chasing up and down based on news (90% of 'insider' information in groups is a trap).
4. Risk Warning: These traps can lead to bankruptcy after just one encounter.
7. ICO risk avoidance guide
Three no principles:
Do not invest in projects without team background;
Do not invest in projects whose code is not open source;
Do not invest in projects without practical applications.
代投 traps:
90% of代投 are scams, they will disappear after taking your money and block you;
The only trustworthy channel: compliant organizations certified by the project official (e.g., Binance Launchpad).
8. Golden rule of mindset management
Stop-loss line: If a single investment loses more than 30%, exit unconditionally (to avoid 'getting deeper into the trap');
Anti-greed method:
Sell 1/3 when you make 50%, sell 1/2 when you make 100%, keep the remaining as a base.
Uninstall trading apps during a sharp decline, use 'physical isolation' to combat anxiety.
5. Cognitive upgrade: The necessary path from being a novice to a hunter
9. Learning resource list
Free channels:
Zhihu / Google: Search for 'blockchain technology' and 'BTC white paper interpretation';
Public accounts: 'Babite', 'Chain News' (industry dynamics), 'Coin Circle Yi Ge' (practical guide).
Paid advancement:
(Mastering Bitcoin): The bible of blockchain technology, Douban rating 8.6;
(Principles) (Ray Dalio): Investment mindset and risk control guide.
10. Ultimate survival rules
Prioritize off-exchange earnings: Investing is just an 'accelerator', primary income is the 'capital pool';
Use spare money to test mistakes: Investment ≤ 30% of total assets, and must be money that 'losing does not affect life';
Slow is fast: The crypto world is not short of overnight wealth, but those who survive to the end are all 'fools'—fools who only hold mainstream coins, fools who insist on regular investment, fools who do not gamble with the market makers.
