1. Cognition & Mindset
• Don’t fantasize about getting rich overnight: While some people have become wealthy through the crypto space, most lose money; having the right mindset is essential for long-term profitability.
• Be prepared for losses: The market is volatile, and beginners often pay 'tuition' fees; view losses as a cost of growth.
• Stay away from emotional trading: Panic selling and FOMO (fear of missing out) are major reasons for losing money; set a plan before trading and stick to it.
2. Trading Strategy & Capital Management
• Enter with light positions to avoid all-in: Do not invest all your funds at once; build positions in batches to reduce risk.
• Use leverage wisely: Beginners should primarily focus on spot trading; contract trading is high risk and should be attempted only after gaining proficiency to avoid high-leverage liquidations.
• Learn to set stop losses and take profits: Losses are not scary; what’s concerning is the reluctance to stop losses; have a plan for profits and avoid being greedy.
3. Choosing Trading Platforms & Account Security
• Choose legitimate exchanges: Such as OKX, Binance, etc., to avoid issues with smaller exchanges running away or security problems.
• Diversify fund storage: Long-term held coins can be stored in cold wallets (like Ledger, Trezor), while trading funds should remain on exchanges.
• Protect account security: Use strong passwords, Google verification (2FA), and avoid clicking on unfamiliar links with small amounts of funds to prevent phishing.
4. Learn Basic Technical Analysis & Trading Skills
• Learn to read candlesticks, moving averages, MACD: Basic indicators can help you judge trends; if you don’t understand them, start with the simplest concepts.
• Pay attention to market sentiment and capital flow: Bitcoin's trend determines the entire market; USDT premiums and capital flows are also important signals.
• Familiarize yourself with trading time slots: For example, price spikes may occur between midnight and 1 AM, direction is easier to confirm between 6 and 8 AM, and the US market has a significant impact after 5 PM.
5. Understand Market Cycles & Hot Narratives
• The rhythm of bull/bear markets: Make money in bull markets, break even in bear markets; learn to identify market cycles, accumulate capital during bear markets, and reap big returns in bull markets.
• Keep up with hot narratives: The market always has speculative hotspots, such as Meme, AI, RWA, etc., where short-term capital will concentrate.
• Consume information but don’t follow blindly: Keep an eye on Twitter, Binance announcements, and project updates, but don’t blindly trust KOL recommendations, as many are just looking to exploit others.
6. Low-cost entry methods
• Airdrop: A low-risk method suitable for beginners, such as engaging with new projects, testing networks, etc., which may yield high airdrops (e.g., cases like APT, ARB).
• Regular investment in mainstream coins: If you don’t want to trade frequently, you can invest regularly in BTC and ETH, which are still quality assets in the long run.
• Small capital short-term speculation: Beginners who want to trade short-term can practice with a small amount of capital (e.g., 100-500 USDT) to find a rhythm that suits them.#大而美法案 #比特币巨鲸动向 #美国加征关税 #非农就业数据来袭 #非农就业数据来袭