First, divide the money into three parts and learn to feel the market. Let me tell you how to use them.

Keep a good mindset and don't think about making 10 times or 100 times right from the start. That's unrealistic.

Many newcomers have added me, and most people's first question is how much money can be made in the cryptocurrency world. Honestly, when I hear this, I'm a bit speechless. There are indeed many people who have made a lot of money and achieved a class leap in the cryptocurrency world, but will that be you as a beginner?

As a newcomer to the cryptocurrency world, the first thing you should think about is risk, not how much money you can make. You should consider how much you've invested in this project, what will happen if you lose that money, and how it will affect your life and to what extent.

For beginners, the initial step into the circle is to grasp the most basic knowledge within the circle, such as registering on exchanges, recharging, withdrawing, and transferring, how to add networks in the MetaMask wallet, how to find the contract address of a token, and how to add tokens through contract addresses in the wallet.

For example, newcomers entering the Bitcoin ecosystem first master the installation, recharge, withdrawal, and transfer of wallets like Unisat, Xverse, and OKX, how to switch the address types of these wallets, how to switch between the mainnet and testnet, how to use platforms like ID and GeniiData to participate in new inscriptions, how to buy and sell BRC20 tokens in Unisat and OKX markets, and how to find NFT collections and trade NFTs in the Me trading market, etc.

As a beginner, all of this needs to be practiced. When there are projects, you can start with small funds to try and make mistakes, participate with a zero-based learning attitude, gradually accumulate experience, rather than immediately wanting to make money. A newcomer, if they do not improve their execution and learn, even if they happen to make some money now, they will eventually lose it due to a shaky foundation or other reasons.

Use part of the money to 'try and error', you can try to do altcoins, attempt to open contracts, and do swing trading. This part of the money is used to pay tuition, helping you learn to respect the market.

As long as you are a newcomer who has just entered the circle, too many 'kind-hearted' people will message you, wanting to take you to play.

Newbies are the favorites of scammers because they have many questions, only scammers are so patient to answer them. Scammers have the highest tolerance for them because they immediately focus on their wallets.

Some will directly take you to play with the local dog, telling you about a certain coin, most of which are self-issued PiXiu projects, and this has already formed a set of coin issuance assembly lines.

Additionally, you might see some trading teachers showcasing contract profits, you see others displaying profits of several times or dozens of times from a trade, and you feel tempted to engage in contracts.

Congratulations, you at least need to pay a large tuition fee in the contract.

I saw an article before stating that an ordinary person exploring on their own needs at least three cycles to make money.

In the first cycle, you saw various get-rich-quick myths, entered with full confidence, and those with high risk tolerance even borrowed money. But in the end, you basically cannot hold onto your wealth, being taken away by various tricks and traps.

In the second cycle, you have learned the lessons from the previous cycle, mastered basic operations, understood candlesticks, volume and price, and grasped basic cyclical patterns. You have learned to diversify your portfolio.

The bull market has come, you watch the coin price rise with the market's emotions, feeling incredibly excited, your position starts to double, you taste the sweetness of making money, and you think it will continue because the market sentiment is still optimistic. But the bear market catches you off guard, and since you haven't learned how to sell, you're likely to go on a roller coaster with the market.

By the third cycle, you may learn how to make money in this market.

These three cycles are hard to violate, unless you can follow experienced individuals, but that is quite difficult.

The last part of the money, at this time, you can invest regularly, or say go for new listings, collect bonuses, and arbitrage to gain profits, this is where you start making money.

The cryptocurrency circle is indeed one of the most hopeful ways for ordinary people to turn their fortunes around, but it does not mean the process is smooth sailing. The essence of life is ups and downs, with both gains and losses. Ultimately, what remains unchanged is continuous learning, filling in knowledge gaps, setting aside prejudices, and making money is just a matter of time.

Chen Xi only does real trading. The squad still has spots available, hurry to get on! #ETH whale increases holdings $BTC $ETH #新手