Starting from Zero | 5 Essential Survival Tips for Newcomers in Crypto
Content:
1. Be a Student First, Then a Gambler
Systematically learn the principles of blockchain, candlestick charts, and mainstream cryptocurrencies (BTC/ETH). Reject "insider information" and "100x coin" scams. It is recommended to establish a cognitive framework through platforms like CoinMarketCap and Binance Academy.
2. Use Spare Money to Start, Set Automatic Stop Loss
Initial investment should not exceed 5% of total assets, adopting a "one-third rule" for positions: 1/3 trial investment + 1/3 regular investment + 1/3 flexible. Exit immediately if losses reach 10%, and take partial profits when gains reach 30%.
3. Choose Platforms as You Choose Allies
Prioritize using leading exchanges like OKX and Binance, complete real-name verification, and enable 2FA. Transfer large assets to hardware wallets (like Ledger), and never connect private keys to the internet.
4. Stay Away from Leverage, Focus on Spot Trading
The liquidation rate for contracts exceeds 90%; beginners are advised to only engage in spot trading. Regularly invest in mainstream coins (BTC/ETH) to smooth out fluctuations, with monthly investments not exceeding 10% of income.
5. Mindset is More Important Than Skills
Reject FOMO and chasing prices, and do not panic sell in a bear market. Create a trading plan and strictly follow it; review and optimize your strategy monthly.
Risk Warning: In 2025, regulatory policies will explicitly prohibit illegal token issuance and financing. This article does not constitute investment advice. Please practice on compliant platforms with simulated trading before going live.
