One, first understand 3 core concepts, don't be a 'newbie'.
Blockchain: Like a globally public electronic ledger that everyone can see, data cannot be changed — this is the technological foundation of all cryptocurrencies.
Must-know mainstream coins:
Bitcoin (BTC): Known as 'digital gold', has strong anti-inflation properties, long-term holding has lower risk, a top choice for beginners.
Ethereum (ETH): Can run smart contracts, supports DeFi, NFT ecosystems, and is the most widely used.
Key terms:
Gas fee: The transaction fee for on-chain transfers, remember to check real-time rates before transferring coins to avoid wasting money.
DeFi/NFT: The former is 'decentralized finance' (such as earning interest on deposits), the latter is 'digital collectibles'. Beginners should start with exchanges and simple staking.
Two, choose the right platform, safety first.
Beginners shouldn't randomly register on small platforms, prioritize these 3:
Binance: The largest in the world, supports direct purchases with RMB, simple interface, beginner-friendly.
OKX (Ou Yi): Fully functional in Chinese, spot and futures are available, many tutorials, suitable for slow exploration.
Gate.io: Transparent funds, small amounts are safer for trial.
Three, first-time buying coins, 4 steps to avoid pitfalls.
First buy USDT: Use Alipay/bank card to buy USDT on the exchange (pegged 1:1 to USD, stable).
Allocation formula: 70% buy BTC/ETH (stable), 20% buy platform coins (like BNB, follow the platform's rise), 10% try potential coins (don't invest too much).
Use 'market order': Buy directly at the current price, don't use 'limit orders' (beginners are easily caught by slippage).
Small trial: Don't invest more than 5% of your spare money for the first time (if you lose, it won't hurt, so you dare to experiment).
Four, where to store assets? Choose the right wallet to avoid losing money.
Short-term trading: Keep in the exchange wallet (easy for buying and selling), but don't store large amounts long-term (in case of platform issues).
Long-term holding:
Hot wallet: MetaMask, Trust Wallet (used on mobile/computer, convenient for small transactions).
Cold wallet: Ledger, Trezor (physical devices like USB drives, offline coin storage, the safest option for large amounts).
Five, survival rules: do this, don't be a 'leek'.
Position rule: 70% in mainstream coins + 20% in potential coins + 10% cash (keep cash for bottom-fishing or emergencies).
Regular investment is profitable: Buy BTC/ETH on a fixed day every month, buy a little regardless of rises or falls, averaging the cost (experienced players do this).
Take profits and cut losses: Sell a portion if you gain 30% (realize profits), decisively cut if you lose 15% (don't hold on, losses will increase).
Absolutely do not touch:
High leverage contracts (95% of beginners will get liquidated, losing all their capital).
The 'hundredfold return' dog coin (99% are scammers who pump and dump).
Six, what should beginners look at? Recommended learning resources.
Check market trends: CoinMarketCap (see prices, market caps), DeFiLlama (check on-chain data).
Read news: Jinse Finance (Chinese news), CoinDesk (global authoritative news).
Learn knowledge: Binance Academy (free beginner courses), Bilibili (Xiao Zhen's blockchain open classes) (understand the underlying technology).
Final reminder: These 3 sentences can save you.
Only play with spare money (losing it won't affect your meals or rent).
Don't chase highs and sell lows (don't be greedy during surges, don't panic during drops).
Withdraw some profits to your bank card (only realized gains are real money, don't keep everything in there).
In the beginner stage, slow is fast — survive first, then think about making money.
