Whether ordinary people can make money by participating in the cryptocurrency market depends on multiple factors, and opportunities and risks coexist. This article introduces mainstream projects such as Bitcoin, Ethereum, Solana, BNB and Cardano. The highlights are market consensus, smart contract ecosystem, high-performance public chains, platform resource support and technical rigor; potential opportunities include high growth potential, technological innovation and low entry threshold, but risks are equally significant, such as large price fluctuations, technical complexity, security issues and regulatory uncertainty; for beginners, it is recommended to follow the following steps: 1. Independent research (DYOR); 2. Select a reliable trading platform; 3. Complete identity verification; 4. Small batch investment; 5. Learn about asset security custody. Overall, the cryptocurrency market has potential, but it needs to be treated with caution and invested rationally.

Cryptocurrency trading website summary

• Binance Binance: ()
• Ouyi OKX: ()
• Huobi: ()
• Gate.io Sesame Opening: ( )

Cryptocurrency projects worth paying attention to

There are thousands of cryptocurrencies on the market, but some of them are highly regarded for their technology, community and market position. The following are some representative projects. Please note that this is not investment advice, but is only for information reference.

• Bitcoin (Bitcoin, BTC)
  Introduction: As the first and most famous cryptocurrency, Bitcoin is often regarded as "digital gold." Its main value lies in its scarcity (the total is limited to 21 million) and its strong network security, making it a means of storage of value.
  Highlights: The market consensus is the strongest, and it is held by many institutions and individual investors, and it is the weather vane of the entire market.
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• Ethereum (ETH)
  Introduction: Ethereum is not just a digital currency, but also a global and decentralized "world computer". It introduces "smart contract" technology, allowing developers to build various decentralized applications (DApps) on it, covering multiple fields such as finance (DeFi), artworks (NFTs).
  Highlights: With the largest and most active developer community and ecosystem, technology upgrades (such as turning to PoS consensus mechanisms) bring huge imagination space to its future development.
• Solana (SOL)
  Summary: Solana is a high-performance public chain known for its extremely high transaction speed and low fees. Its goal is to solve the scalability problems faced by early public chains such as Ethereum and support large-scale applications.
  Highlights: It has obvious advantages in processing speed, attracting a large number of projects and users, especially in the DeFi and gaming fields.
• BNB (BNB Chain)
  Introduction: Originally issued by a large trading platform, it has developed into an independent and feature-rich public chain ecosystem. BNB is not only used to pay transaction fees, but also supports a huge application ecosystem, including decentralized trading platforms, games and financial services.
  Highlights: Backed by powerful platform resources, a huge user base, and the ecosystem is developing rapidly and perfect.
• Cardano (ADA)
  Introduction: Cardano is a public chain project based on the philosophy of science and academic research. Its development process is rigorous, emphasizing the reliability, sustainability and interoperability of code, aiming to build a safer and fairer decentralized future.
  Highlights: The technical route is clear, the development process is rigorous, and the community is highly loyal, and is considered a technology-driven long-term value project.
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Can ordinary people make money by participating? Opportunities and challenges coexist

This is a question without a standard answer, as it depends on a variety of factors. Simply put, opportunities and risks are with each other.

Potential Opportunities

• High Growth Potential: As an emerging asset class, cryptocurrency markets have shown amazing growth potential in the past, with some early participants receiving considerable returns.
• Technological innovation: Investing in cryptocurrencies is also investing in a cutting-edge technology, and you may become a witness and participant in the development of the next generation of the Internet (Web3).
• Low market entry threshold: Compared with traditional investment markets, you do not need a large amount of initial funds and can start participating from a very small amount.

Risks that cannot be ignored

• Extremely high volatility: Prices may rise and fall in a short period of time. It is not uncommon for price fluctuations of more than 20% within a day, which means that the value of your asset may shrink rapidly.
• Technical Complexity: Understanding the technology, economic models and application scenarios behind different projects requires a lot of time and effort. Information asymmetry is a major challenge for ordinary participants.
• Security issues: The safe custody of digital assets is crucial. You need to learn how to protect your account information and personal keys to prevent them from being stolen or lost. Once lost, it is almost impossible to retrieve.
• Regulatory uncertainty: Regulatory policies on cryptocurrencies in countries around the world are still changing, and policy changes may have a huge impact on market prices.

How to start the first step?

If you still decide to try after you have fully understood the risks, here are some basic steps:

1. Learning and Research (DYOR - Do Your Own Research): This is the most important step. Don't believe anyone's "wealth code". Through the project's official website, white paper, community forums (such as Reddit, Discord) and other channels, you can gain an in-depth understanding of the projects you are interested in.
2. Choose a reliable trading platform: This is your entry point to the market. Choose international platforms with good reputation, large number of users and complete safety measures. You can examine the platform's transaction fees, the number of currencies supported and the user experience.
3. Create an account and complete authentication: Most compliant platforms require authentication (KYC) to comply with anti-money laundering (AML). This usually requires you to provide proof of identification documents.
4. Start small, invest in batches: Never invest more than you can afford to lose. For beginners, it is recommended to start with a small portion of idle funds. Using a batch buying strategy (such as fixed investment) can equalize costs and reduce the risk of a single high-point purchase.
5. Learn to keep assets safe: Understand different ways to store digital assets. Initially, a small amount of assets can be stored in a reliable trading platform to facilitate transactions. As assets increase, learn how to use encrypted addresses controlled by individuals to improve security.

Editor's summary

The cryptocurrency market is both a cutting-edge field full of innovation and opportunities, and is also a high-risk, high-volatility investment airport. The "most promising" projects may be highly sought after today, and may also be overshadowed by technological or market changes tomorrow. For ordinary people, the possibility of making money exists, but the risk of losing money is also huge.

Our final advice is: stay curious, but be cautious. Put learning first and risk control as the bottom line. Before you fully understand, waiting and watching is always a better choice than blindly entering. Investing in yourself and improving your cognition is the most secure "wealth code" to enter any new field.

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