The cryptocurrency world is like an unknown sea full of opportunities and dangers. For explorers coming for the first time, mastering the correct navigation knowledge is more important than finding treasure. Master will draw a detailed navigation map for you to help you avoid reefs and set sail safely.
Chapter 1: Understanding the essence of cryptocurrency
1. What is cryptocurrency?
Cryptocurrency is a digital asset based on cryptography and blockchain technology, with three core characteristics:
Decentralization: Not controlled by any central authority
Scarcity: Total issuance usually has strict limits (like Bitcoin's 21 million coins)
Transparent and verifiable: All transaction records are publicly available on the blockchain
Examples of mainstream cryptocurrencies:
Bitcoin (BTC): Digital gold, market cap leader
Ethereum (ETH): Smart contract platform
Tether (USDT): A stablecoin pegged to the US dollar at a 1:1 ratio
2. Cryptocurrency vs Traditional Currency
Chapter 2: Four Steps to Safe Entry
1. Choose compliant trading platforms
Three certification standards:
1. Holds US FinCEN/MSB license
2. Certified by Singapore MAS
3. Obtain approval from Japan's FSA
Recommended exchanges:
Binance
Huobi
Coinbase (Publicly traded company)
Beware of "high yield" scam platforms! In 2023, the global cryptocurrency fraud amount reached 3.8 billion USD, of which 72% was carried out through unknown exchanges.
2. USDT Beginner's Guide
Purchase Safety Guidelines:
1. Only choose platform-certified merchants
2. Small amount testing before large transactions
3. Keep complete transaction records
4. Avoid large transactions at night
Comparison of purchase channels:
3. Wallet security settings
Key points for using hot wallets:
Enable two-factor authentication (2FA)
Set trading password
Bind a dedicated email
Regularly change API keys
Recommended cold wallets:
Ledger Nano X
Trezor Model T
KeepKey
Real case: A user lost assets worth 2.3 million USDT because they saved a screenshot of their mnemonic phrase on their phone.
Chapter 3: Fund Security Protection System
3. Anti-freeze card practical strategies
Five-layer protection network:
1. Dedicated bank card (not salary card)
2. Daily trading volume ≤ 50,000 yuan
3. Keep funds for ≥ 24 hours before withdrawal
4. Rotate multiple cards
5. Pay attention to bank risk control SMS in a timely manner
Frozen card emergency handling:
3. Techniques for identifying black U
Danger Signal Detection:
Price is abnormally low compared to market price (>1%)
Merchant registration time < 6 months
Trading period from 2 AM to 5 AM
Require WeChat/Alipay transfer
Three principles of safe trading:
1. Check: Verify the merchant's 30-day transaction volume and positive feedback rate
2. Wait: Wait for the platform to automatically release the coins after payment
3. Retain: Save complete chat and transfer records
Chapter 4: Beginner's Advancement Roadmap
1.1 Learning Path Planning
30-Day Growth Plan:
Week 1: Basic Knowledge of Blockchain
Week 2: Introduction to Technical Analysis
Week 3: Risk Management Methods
Week 4: Practical Simulation Training
Must-Read Resource List:
(Bitcoin White Paper) (Bilingual Edition)
Ethereum Yellow Paper (Simplified Version)
CoinMarketCap Cryptocurrency Encyclopedia
Basic Technical Analysis Tutorial on TradingView
2. Portfolio suggestions
Conservative allocation:
50% BTC
30% ETH
15% USDT
5% Mainstream Altcoins
Trading Discipline:
Single investment ≤ 5% of total funds
Stop-loss setting ≥ 10%
Daily monitoring time ≤ 2 hours
Weekly review of trading records
Chapter 5: Risk Identification and Response
1. Common scams breakdown
Latest scam techniques:
1. Fake exchange "Quantitative Copy Trading" scam
2. Telegram "Teacher-led trading" groups
3. False airdrop claim links
4. Imitation wallet apps
Fraud Prevention Tips:
Be cautious of high yields, do not be greedy for small gains
Do not trust strangers easily, keep your private keys and mnemonic phrases confidential
Test large transactions first, make sure to identify the QR code link clearly
2. Psychological construction guide
Emotional management four quadrants:
When fearful: Check stop-loss position
When greedy: Execute partial profit-taking
When hesitant: Review trading plan
When impulsive: Pause trading for 24 hours
Healthy investment mindset:
In the crypto world, living long is true skill. Don't envy others who become rich overnight, admire those evergreen trees that survive through bull and bear markets.
Remember:
Safety is always more important than profit
Knowledge is the best moat
Discipline is a long-term guarantee
Now, you are equipped with basic survival skills. Next, keep learning, practice cautiously, and gradually build your own investment system. There are no shortcuts in the crypto world, but those who are prepared will always be rewarded.
There is a saying on Wall Street:
In a bull market, you make money; in a bear market, you gain experience; in a monkey market, you learn lessons. If you really want to survive long-term in the crypto world, just relying on technology is far from enough.
What you need is a system, discipline, and anti-human nature training! Follow Master! Are you ready?
