Don't rush in blindly, read this article first🌟 Have you also been overwhelmed recently by 'Bitcoin breaking new highs' and 'xx coin doubling in a day'?
As someone who has experienced wild fluctuations and saw my wallet halve overnight, I want to talk to you today about what beginners must know before entering the crypto world.
One, What is the crypto world? What exactly are you buying?
In simple terms, the crypto world = the world of digital currencies. The 'coins' we commonly see are actually divided into two main categories:
🟡 Mainstream coins: such as Bitcoin (BTC), Ethereum (ETH), which have technical support and global consensus;
🟠 Altcoins: Various project coins, which can be highly popular but also extremely risky, many are just fleeting.
What you are buying is not a 'company equity', but an asset or 'belief' under a global consensus.
Two, How to take the first step?
👉 Preparatory work:
📲 Register on a trading platform (such as Binance, OKX, Coinbase, etc.)
✅ Real-name authentication with ID card
✅ It is recommended to enable Google verification or mobile verification to protect asset security
💳 Bind bank card/wallet
Recommended for beginners to deposit fiat currency (directly buy USDT with RMB), then buy coins in the trading area.
It's okay if you don't understand, many platforms now offer one-click purchases, just like online shopping.
Three, Beginner's Pitfall Guide|Don't repeat the mistakes I've made!
⚠ Do not trust 'insider information' from friends or group chats
⚠ Reject all 'teacher-led trades' or 'signal groups'
⚠ Do not take out loans or go all in, only invest spare money!
Four, Common Terminology in Cryptocurrency Circle📖
USDT: A stablecoin pegged to the US dollar, the 'RMB' in the crypto world;
FOMO: Fear of Missing Out, the root of impulsive buying;
Cutting leeks: Being sold high and bought low by others, you are the 'leek' losing money;
Binance/OKX: Mainstream trading platforms worldwide, beginner-friendly;
Five, Recommended Investment Strategies for Beginners
👶 Beginner's conservative strategy (suitable for the exploration stage)
✅ 50% USDT to observe the market + 30% BTC/ETH for long-term holding + 20% small amounts to try popular projects
📉 Don't be afraid of being cut, the key is to control your position + set stop-losses
Six, My Real Insights After One Year in the Crypto World💬
Buying coins does not guarantee wealth; most people lose money chasing highs and cutting losses;
The crypto world is a long-term practice, not a lottery win;
Invest in projects within your understanding, never follow the crowd blindly.
🧠 In summary: learn first, then invest, don't be impulsive.
If you've read this far, it means you are already more rational than 90% of beginners!
📌 If you're interested, I can create an issue on 'Essential Learning Resources for Newbies in the Crypto World', let me know in the comments what you want to know👇#非农就业数据来袭 #BTC重返11万 #币安Alpha上新 #美股代币化 #特朗普马斯克分歧