1. Familiarize yourself with trading software. First, you need to thoroughly understand the interface of the trading software, the viewing tools, and the functions for querying cryptocurrency. You don't have to actually buy, just observe the trends; this will be very useful during reviews. This is the basics, and people around you with trading experience can tell you this. As a beginner, stay away from shady exchanges; only recommend Binance or OKX.
NO.1, Binance
NO.2, OKX
2. Based on your personality traits (such as aggressive, stable, etc.), family environment (single, married with children, etc.), and fund attributes (salary, family savings, leveraged funds, etc.), choose a model that suits you.
3. Divide your funds into several parts; first take a portion of money to play with, treating it as buying experience. If you lose it all, summarize how the money was lost and correct your model. Don't blindly increase your positions, or you may get deeper into trouble.
4. Trading cryptocurrencies is lonely; you need to develop the habit of independent thinking, but you can also communicate with others while having your own opinions.
5. If you haven't experienced several doubles and halving, there are some things that others tell you that you may not understand. When you have gone through all this and can truly achieve stable profits, your ability may have already surpassed your account funds. At this point, you can consider increasing your funds to grow and strengthen your business.
6. Set a deadline for yourself, not to achieve great success in a short time, but just to avoid losing money. Don't let trading affect your life; in reality, you have many roles and responsibilities to bear. People who trade cryptocurrencies tend to be more selfish; don't lose yourself.
I am Xiao O, a professional analyst and teacher, a mentor and friend on your investment journey! As an analyst, the most basic thing is to help everyone make money. I will help you solve confusion and issues, speaking with strength. When you are lost and don't know what to do, follow Xiao O; I will guide you.