A Survival Guide for Newcomers to the Cryptocurrency Circle: A Safe and Advanced Path from Scratch
The world of cryptocurrency is like a deep sea full of opportunities and undercurrents. If newcomers want to sail safely in this field, they need to master the survival rules of the system. This article provides an actionable survival guide for newcomers to the cryptocurrency circle.
1. Build a cognitive firewall
Before getting started, you need to complete at least 20 hours of systematic learning to understand the basics of blockchain operation mechanism, mainstream currency differences, exchange matching principles, etc. Be wary of the "get rich overnight" rhetoric, and all investment decisions must be based on independent research. It is recommended to use mind maps to organize the knowledge framework, focusing on the technical logic of core tracks such as DeFi, NFT, and Layer2.
2. Build a capital moat
Adopt the "10% disposable income rule" to control the investment amount within the absolute risk tolerance range. It is recommended that the capital allocation follow the 532 principle: 50% allocation to mainstream assets such as Bitcoin/Ethereum, 30% investment in track leading projects, and 20% for exploring new opportunities. Always keep emergency funds for 6 months of living expenses to avoid liquidity crisis.
3. Choose a safe trading channel
Give priority to first-tier exchanges that have been established for more than 5 years and have an average daily trading volume of more than 1 billion US dollars, and focus on verifying whether the platform holds MSB licenses and other compliance qualifications. Fund storage follows the principle of "hot and cold separation": the exchange retains less than 10% of liquid funds, and large assets are stored in cold wallets. Enable Google Verification + hardware key dual authentication, and regularly change high-strength passwords.
4. Build a risk control system
Establish an investment list verification mechanism. New projects must pass the triple filtering of white paper audit, team background investigation, and on-chain data verification. Set a hard stop loss line of 3%-5% for each transaction, and adopt the "profit batch stop profit" strategy. Be wary of financial projects with annualized returns exceeding 30%, and stay away from unverified cross-chain bridging protocols.
Survival in the currency circle is essentially a practice of cognition and mind. It is recommended that newcomers practice with a demo account for 3 months before real trading, and conduct regular investment reviews. Remember: Living longer is more important than making money quickly. When you can survive two bull and bear cycles and still maintain stable profits, you can truly master the way to survive in the currency circle.
I need fans, you need references. It's better to follow than to guess.
Continue to follow: kaito juv
