Are you still discouraged by the jargon in the cryptocurrency world? Do you think making money is only for the "big guys"? 🙅♂️ Stop it! As someone who has gone from being a "cryptocurrency rookie" to earning over 5,000 yuan a month, I will tell you in the most straightforward and plain words: making money with cryptocurrency is not as complicated as you think! Choose the right platform (such as Binance), avoid key pitfalls, and follow the steps, and ordinary people can also get on board as easily as shopping on Taobao!
1. Understand these three concepts and become a crypto expert in seconds
Cryptocurrency = Digital version of "gold + cash"
Bitcoin (BTC): The "gold" of the cryptocurrency world, with the largest market capitalization and relatively small volatility, suitable for long-term holding (similar to buying stock indexes).
Ethereum (ETH): The "universal tool" in the cryptocurrency world, capable of developing various applications (similar to the iOS system on mobile phones), has great potential.
Stablecoins (USDT/USDC):The "cash" in the cryptocurrency world, 1 USDT ≈ 1 US dollar, will never rise or fall, and is suitable for capital preservation and transfer.
Summary in one sentence:Buying BTC/ETH is like buying "digital gold" and "tech stocks", while buying USDT is like depositing money into a "digital wallet".
Exchange = the “Taobao” of the cryptocurrency world
effect:Used to buy coins, sell coins, and save money to earn interest.Choosing the right exchange is more important than choosing a coin! Three must-have platforms for beginners:Binance: The world's largest "cryptocurrency Taobao", with a full range of currencies and low fees (only 0.1 yuan for buying 100 yuan of coins). 👉 [The first choice for newbies! Click here to register Binance (invitation code: VIP9988) and enjoy a 20% commission rebate! ]: https://www.binance.com/zh-CN/join?ref=VIP9988
OKX: Simple operation, suitable for novices to "shop in low-price areas" (occasionally there are discounted coin activities).
Huobi: The Chinese service is very considerate and the customer service replies within seconds, which is suitable for "problem babies".
Wallet = Your "digital piggy bank"
Exchange wallet: stored in the exchange's wallet, suitable for novices (like storing money in Alipay).
Personal wallet (such as MetaMask):Manage your own private key (similar to keeping your bank card password), suitable for advanced players, butLost private key = lost money!
Newbie warning:Don’t touch your wallet first.Keep it in an exchange (such as Binance), wait until you earn enough 10,000 yuan before considering "moving bricks into your own wallet"!
2. From 0 to 1,000 yuan: A step-by-step guide to buying your first coin
Register on an exchange: done in 5 minutes
step:
❶ 👉 Download the Binance app (search “Binance” on the Apple App Store or Android app store) or visit the registration link directly:https://www.binance.com/zh-CN/join?ref=VIP9988(Remember to fill in the invitation code VIP9988 to enjoy the rebate!)
❷ Register with your mobile phone number, set login password and fund password (Important! You must use）。
❸ Complete the "KYC certification": take pictures of the front and back of your ID card, blink at the camera, and pass in 1 minute.
Note: You must use your real identity information! The platform will strictly review it, and using someone else's identity will result in a ban!Buying coins: Spend 100 yuan to test the waters
Target:Buy 100 yuan of USDT (stable currency, zero risk) for practice.
step:
❶ On the Binance app homepage, click “Buy Coins” and select “Quick Buy Coins”.
❷ Select "USDT", enter 100 yuan, and choose the payment method (Alipay/WeChat/bank card).
❸ Transfer money to the seller. After the transfer is successful, click "I have transferred" and wait for the USDT to arrive (usually 1-5 minutes).Experience "holding positions": feel the joy of numbers jumping
After the funds arrive, click "Assets" on the APP homepage and you can see your USDT!Try exchanging USDT for BTC:Click "Trade" - "USDT/BTC", enter 50 yuan, click "Buy", congratulations, you own your first Bitcoin in your life!
3. Low-risk money-making method: 3 routines to make pocket money while lying down
Exchange "Yu'ebao": Depositing coins to earn interest
Binance Current Account Investment:Put USDT into "Wealth Management" - "Current Products", with an annualized return of 3%-5%, and a minimum deposit of 100 yuan.
Revenue calculation:Deposit 1,000 yuan in USDT and earn about 0.1 yuan a day (1,000×3%÷365), 3 yuan a month, and 36 yuan a year (even the smallest bit is still meat!).Arbitrage: Earn the price difference between platforms
principle:The same coin has different prices on different platforms, buy at low prices and sell at high prices.
Practical examples:Binance sells USDT for 7.0 yuan and OKX sells it for 7.1 yuan. Buy 1,000 yuan of USDT on Binance and sell it on OKX, and you can earn about 10 yuan (excluding handling fees).
tool:Use the "Fei Xiaohao" APP to check real-time prices, spend 5 minutes refreshing every day, and move bricks when there is a big price difference!Free airdrop: Get coins at zero cost
What is an airdrop?New projects will give away coins for free, similar to giving away red envelopes when registering on an APP.
step:
❶ Follow Binance announcements or follow the Binance Airdrop account on Weibo.
❷ After seeing the "Airdrop Event", follow the instructions (such as following Twitter, retweeting tweets).
❸ Wait for the coin to be issued, if you are lucky you can get a coin worth 100 yuan!
Examples:In 2025, a new currency was airdropped, and 50 coins were given away for participation. Later, the price of the currency doubled, and I made 100 yuan for free!
4. Pitfalls for beginners: Don’t do these 5 things!
Don’t touch “leverage/contracts”: the banker’s sickle
the truth:99% of novices will get liquidated if they use leverage! With 20x leverage, if the price drops by 5%, all the money will be lost (e.g., if you use 1,000 yuan with 20x leverage and the price drops by 5%, you will lose all the 1,000 yuan).
Iron Rule:If you touch leverage in the first three months, I’ll just say “you’ll suffer the consequences”!Don’t buy “air coins”: the weirder the name, the faster it dies
Blacklist features:The name contains "X", "Z", "Meta", and "Web3" (such as XXT, ZMB, and MetaCoin).
Promote "hundred-fold coin", "price increase tomorrow", and "domestic support".
Examples:A certain "AI coin" promoted that "you can earn coins by chatting", but it plummeted 99% in 3 days after its launch, and retail investors lost all their money.
Don’t go all in: save money to save your life
Correct operation:Divide 1,000 yuan into 10 parts, and buy 100 yuan each time (buy another 100 yuan if the price drops by 10% to dilute the cost).
Counterexample:A newbie used 1,000 yuan to all-in a certain currency, sold it at a loss after it dropped 50%, and finally lost 500 yuan - buy in batches to lose money slowly!Don’t lose your private key: if you lose it, your money is gone
Private key = bank card password + ID card + house key, cannot be retrieved if lost!
Note for newbies:The private key of the exchange wallet (such as Binance) is kept by the platform (relatively safe), and the private key of the personal wallet should be copied on paper and locked in a drawer!
5. Ultimate advice for beginners: 30-day entry plan
Day 1-3:
❶ Register on Binance (use invitation code VIP9988 to enjoy 20% rebate):https://www.binance.com/zh-CN/join?ref=VIP9988, complete the certification, and spend 100 yuan to buy USDT and BTC.
❷ Take a screenshot and post it on your Moments: "First day of checking in in the cryptocurrency circle!" (Full sense of ritual).Day 4-10:
❶ Spend 10 minutes every day watching Binance "Market" and observing the price fluctuations of BTC/USDT.
❷ Put 500 USDT into Binance Current Account and experience “income while sleeping”.Day 11-30:
❶ Try to make a profit from arbitrage (earn 10-20 yuan).
❷ Participate in 1 airdrop event and receive coins at zero cost.
The goal in the first 30 days is not to make money, but to "not lose money + become familiar with the process" - if you can stay alive in the cryptocurrency circle, you will beat 80% of the novices!
“Buy mainstream coins (BTC/ETH) and sleep well; save stablecoins (USDT) and earn pocket money; avoiding scams comes first, making money comes second!”
Take action now! 👉 Spend 10 minutes and click this link to register Binance (invitation code: VIP9988), start your crypto journey immediately, and lock in 20% commission rebate benefits! :https://www.binance.com/zh-CN/join?ref=VIP9988
Your first cryptocurrency could be the seed of future wealth!
Warning: Investment is risky, please be cautious when entering the market! This article does not constitute any investment advice, it is only a sharing of personal experience.