Friends who just entered the cryptocurrency world, do you have 18,000 yuan in hand and want to test the waters? Let me give you a piece of advice, don’t rush into all-in! First, split your money into three parts; learning while playing is the way to go. The most important thing is to maintain the right mindset, don’t keep thinking about getting rich overnight, do you really think you are the reincarnation of a lucky fish?
The first portion of money should be kept for tuition, specifically to learn how to tinker on the blockchain. What does it mean to farm and participate in new projects? For example, you need to first get the basic operations like depositing on exchanges sorted out, right? Skills like how to bind a network to a wallet like the Little Fox wallet, finding token addresses, all these details must be practiced hands-on. If you are playing in the Bitcoin ecosystem, you need to try out wallets like Unisat and Xverse, switching between testnets and mainnets, participating in inscriptions, trading BRC20 tokens, all these intricate operations have to be tested one by one. Remember, start with small amounts to practice; if you lose, it won’t hurt so much, just treat it as tuition to gain experience!
The second portion of money should be kept as a risk capital, specifically to take chances in the market. High-risk plays like altcoin contracts and swings should be experienced more while you are young. But be careful not to get scammed! Now the world is full of experts promising to make you rich overnight, and 90% of them are scams. Things like Pi Yao investments and paid follow-along groups may look tempting but are actually traps waiting for you to fall in. And those free groups will show their true colors only after you invest real money. Remember, money doesn’t just fall from the sky; the ground is littered with traps!
The third portion of money is your long-term investment fund, specifically targeting stable projects for gradual growth. Once you’ve figured out the first two portions, then consider medium to long-term investments. At this point, you’ll have a good understanding of the market, knowing when to act and when to lay low. Don’t expect to succeed all at once; making money in crypto requires time and patience. Look at those who have really made big money; none of them haven’t experienced several bull and bear cycles.
Finally, I advise all new investors: the crypto world is indeed a fertile ground for grassroots success, but it is by no means an ATM. Instead of fantasizing about getting rich every day, it’s better to focus on learning real skills. Once you have mastered wallet operations, project analysis, and risk control, making money will be a natural outcome.
The market never lacks opportunities; the question is whether you can seize them. By following experienced people and making the right connections, we can earn more!
Daily focus: OM SUI SOL FUN BTC
