š° Introduction to crypto ā Where do beginners start?
Brother, if you just heard someone say āplaying coins is very profitableā, and immediately opened the app to download the exchangeā¦
Slow down a beat. Take a deep breath. Listen to me. š§
ā I was also a newbie. I thought crypto was about playing fast and winning fast, but unexpectedly, going in fast⦠burned out even faster. š„
ā Crypto is not just about buying something x2 x3, but it is a whole world of digital finance, where knowledge = survival weapon.
š So where do beginners start?
1. Understand correctly: Crypto is not a pyramid scheme, but there are many scams.
ā It is technology, finance, a future trend.
ā Going in without learning ā burning out.
2. Learn from the most basic things:
- Coin vs. Token: Coin (like BTC, ETH) is the root. Tokens (like SHIB, PEPE) are āapplicationsā on the blockchain.
š Hot wallet ā cold wallet ā exchange wallet: Know how to keep money before learning how to make money.
š Understand market cap, volume, ATH, FDV: No need to be an expert, but at least know where you are putting your money.
3. Avoid FOMO ā donāt rush in just because you see people boasting about profits.
ā People boast about 10% profit, no one boasts about burning -90%.
ā Trading is not easy, HODL is not simple.
4. Follow the right place ā learn from the right people.
ā Choose a reputable channel, real sharing articles
ā Read the Whitepaper as well as read the āinvestment contractā ā if you donāt understand, donāt put money in.
š§ And most importantly:
ā Brother, before learning how to make money, learn how to protect capital.
ā If you have capital, there is still opportunity, it will be too late to regret after burning.
Crypto can change your life ā if you do it right.