⚠️ Important preface: Three iron rules must be followed

  1. Never touch contracts (Leverage is a game for professional players, beginners will get wrecked)

  2. Only buy spot (Buying low and selling high is the way to go)

  3. Invest with spare money (The cryptocurrency market is highly volatile, don't gamble with living expenses)

How did I grow my 100,000 principal to 2 million in 3 years? Not by luck, but by avoiding all the pitfalls beginners fall into. This guide will help you safely navigate the cryptocurrency minefield.

I. Required introductory course: Understand these before entering

1. What exactly is cryptocurrency?

  • Essence: Digital assets based on blockchain technology (Not game coins!)

  • Core characteristics: Decentralization, global circulation, anonymity (But transaction records are public)

  • Must-see course: Search Bilibili (Peking University Xiao Zhen - Blockchain Technology and Applications) (Most authoritative free course in China)

2. Understanding mainstream cryptocurrencies

Coin characteristics and risk levels: BTC digital gold, largest market cap ★★☆☆☆ ETH smart contract platform ★★★☆☆ SOL high-speed public chain, ETH competitor ★★★★☆ MEME coins high risk high volatility ★★★★★

3. Industry jargon you must know

  • FOMO: Fear of missing out (The root of chasing highs and selling lows)

  • HODL: Hold on for dear life (A meme from the misspelling of 'hold')

  • Whale: A large holder of coins

  • DYOR: Do your own research (Don't Trust, Verify)

II. Essential toolkit for beginners

1. Choosing an exchange (Only recommend 3)

Exchange advantages suitable for the crowd: Maximum security for coins, good liquidity for all investors, OKX derivatives strong, friendly for advanced players, Coinbase most compliant, suitable for conservative investors in the US stock market

⚠️ Fatal warning:

  • Absolutely do not search for exchange URLs on Baidu! (All phishing sites)

  • Small exchanges claiming 'high returns' are all scams (Over 100 have disappeared)

2. Information acquisition tools

  • Macroeconomic analysis: Jinshi Data (Must-read for Federal Reserve policies)

  • On-chain data: GlassNode (Professional level analysis)

  • Candlestick tool: TradingView (Essential for technical analysts)

  • Regulatory updates: CoinGecko Policy Column

3. The safety trifecta

  1. Google Authenticator (10 times safer than SMS verification)

  2. Hardware wallet (A must-have for assets over 1 million)

  3. Independent trading email (Isolated from your regular email)

III. Step-by-step practical tutorial

1. Complete process for deposits and withdrawals (Avoid frozen cards)

Step 1: Fiat currency → USDT

  1. Purchase on Binance's 'Quick Buy Coins' with Alipay/bank card

  2. Single transactions not exceeding 50,000, daily not exceeding 200,000

  3. Note: Write 'personal consumption' (Never write investment)

Step 2: USDT → Spot

  1. Transfer USDT to 'Spot Account'

  2. Search for the coins you want to buy (e.g., BTC/USDT)

  3. Use limit orders to build positions in batches (Don't go all in!)

💡 Professional tips:

  • Choose 'Blue Shield Merchants' for withdrawals (More stringent verification)

  • Immediately transfer funds to other cards after they arrive (To prevent freezing)

2. Spot trading rules

  • Buy: Gradually buy when fearful (During market crashes)

  • Sell: Gradually sell when euphoric (When everyone is shouting bull market)

  • Position: No more than 20% of total funds in a single asset

3. Asset transfer techniques

  • Use TRC20 network for transfers between exchanges (Lowest fees)

  • Test small amounts before large transfers (To prevent losing coins)


#币安HODLer空投SPK $XRP