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Home web3.0 5 practical suggestions for beginners to master when entering the cryptocurrency market (nanny-level teaching)

5 practical suggestions for beginners to master when entering the cryptocurrency market (nanny-level teaching)

Jul 24, 2025 pm 09:42 PM
Google Blockchain tool Bitcoin binance cryptocurrency Hotspot Ethereum btc Binance exchange meme coin Cryptocurrency trading platform

1. Choose top platforms such as Binance and Ouyi and enable 2FA to ensure account security; 2. First learn core concepts and professional terms such as blockchain, BTC, ETH, and pay attention to authoritative sources; 3. Start with mainstream assets such as Bitcoin and Ethereum to avoid blindly chasing high-risk small currencies; 4. Only invest with funds that can bear losses, adopt regular quotas and set stop-profit and stop-loss to manage risks; 5. Beware of "high-return" scams and phishing information, do not click on unfamiliar links, insist on independent judgment and continuous learning, and start the Web3 journey steadily.

5 practical suggestions for beginners to master when entering the cryptocurrency market (nanny-level teaching) - php Chinese

1. Choose mainstream platforms, security is the top priority

1. Priority to choosing top platforms : Binance and Ouyiok are the world's leading comprehensive service platforms, with a huge user base and a rich product line, which is suitable as the first choice for getting started.

2. Pay attention to the old-fashioned choices : Huobi HTX and Gate.io are also long-standing and popular platforms. In particular, Gate.io is famous for its massive digital asset types and provides users with diverse choices.

3. Make good security settings : No matter which platform you choose, be sure to complete identity verification (KYC) as soon as possible and enable secondary verification (2FA), such as Google Verifier or SMS verification, to add a solid line of defense to the security of your account.

2. Knowledge comes first, cognition is the primary productive force

1. Understand the core concept : First of all, you need to understand what blockchain, Bitcoin (BTC) and Ethereum (ETH). Understanding their operating principles and position in the industry is the basis for establishing a cognitive framework.

2. Learn basic terms : be familiar with common vocabulary such as "market value", "white paper", and "token economics". These are essential tools for you to read project information and analyze market trends.

3. Pay attention to reliable sources : pay attention to authoritative industry media and official release channels for projects, rather than trusting the "wealth password" on social media.

3. Start with mainstream assets and make steady progress

1. Focus on BTC and ETH : Bitcoin (BTC) and Ethereum (ETH) are the two pillars of the market, with the broadest consensus, the deepest market liquidity and the richest research data. Starting with them allows you to familiarize yourself with market volatility in a relatively stable environment.

2. Avoid chasing hot spots : Beginners should try to avoid blindly following the trend and buying short-term popular "Meme coins" or unknown small currencies. The prices of these assets fluctuate greatly, the risks are difficult to control, and it is easy to cause losses.

5 practical suggestions for beginners to master when entering the cryptocurrency market (nanny-level teaching) - php Chinese

4. Formulate investment strategies and strictly manage risks

1. Invest in affordable losses : This is the first rule of the crypto market. Just try it with funds that will not affect your normal life after you lose it.

2. Try to make regular quotas : For novices, it is unrealistic to try to "buy at the bottom and escape the top". A fixed amount can be invested in a fixed amount at a fixed time by adopting a regular quota method, so that costs can be equalized and timing risks can be reduced.

3. Learn to use trading tools : Learn to set "stop profit" and "stop loss" orders on platforms such as Binance or Ouyiok . This can help you automatically execute strategies, lock in profits or control losses when the market fluctuates violently.

5. Stay alert and beware of information traps and frauds

1. Beware of false promises : Any project or individual that claims to be "risk-free and high-reward" should be highly vigilant. There will be no pie falling from the sky.

2. Identify phishing information : Do not click on links of unknown origin, and do not trust any "customer service personnel" who contact you through private messages and ask for a password, private key or verification code. Regular platforms such as Huobi HTX will never ask you for sensitive information through unofficial channels.

3. Independent thinking and judgment : Learn to cross-verify information and cultivate your own judgment. The true value of a project needs to be comprehensively evaluated through in-depth study of its white paper, team background, and community activity.

5 practical suggestions for beginners to master when entering the cryptocurrency market (nanny-level teaching) - php Chinese

Editor's suggestion

In summary, the entry-level path for beginners should follow the core principles of "learning first, then operating; choosing a big platform, trying lightly; controlling risks and preventing fraud."

When you are familiar with the basic trading process on platforms such as Binance Bian or Gate.io and have a preliminary understanding of BTC and ETH, you can start exploring other projects with real technologies and application scenarios in a small range. Remember that the world of Web3 is vast and far-reaching, and maintaining a humble and continuous learning mindset will be your most valuable asset on this journey. This is more like a marathon than a 100-meter sprint. Only by moving forward steadily can you go further.

The above is the detailed content of 5 practical suggestions for beginners to master when entering the cryptocurrency market (nanny-level teaching). For more information, please follow other related articles on the PHP Chinese website!

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