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Home web3.0 How to enter the industry in the currency circle? Getting started with newcomers in the currency circle

How to enter the industry in the currency circle? Getting started with newcomers in the currency circle

Jul 29, 2025 pm 02:57 PM
Blockchain station b tool twitter Bitcoin cryptocurrency Ethereum btc Binance currency circle exchange metamask Huobi Mainstream coins

Learn core concepts such as blockchain, Bitcoin, and Ethereum, and master the basic knowledge through books, media and courses; 2. Download official storage and enable two-factor verification, register a compliant exchange to complete KYC and test the waters in small amounts; 3. Start with spot trading, learn K-line charts, stop-profit and stop-loss and Gas fee management; 4. Control the investment ratio not to exceed 10% of current assets, beware of high-yield scams and verify the contract address; 5. Advanced participation in the DeFi dig and NFT market, join the community to track high-quality projects and industry leaders, and gradually deepen the crypto ecosystem.

How to enter the industry in the currency circle? Getting started with newcomers in the currency circle - php Chinese

Introduction to the Currency Circle (Cryptocurrency Market)

1. Basic knowledge reserve

  1. Core concepts: Understand mainstream currencies such as blockchain, Bitcoin (BTC), and Ethereum (ETH), and distinguish between Coin (currency) and Token (token).

  2. Learning channels:

    • Introduction Books: "Blockchain Revolution" and "Bitcoin Standard"

    • Vertical media: CoinMarketCap, CoinGecko (data), Golden Finance, Chain News (information)

    • Free courses: Coursera blockchain topic, popular science video of B station

2. Practical preparation

  1. Safety first:

    • Download official storage (such as MetaMask, Trust Wallet)

    • Enable two-factor authentication (2FA)

    • Large-value asset cold storage (Ledger/Trezor)

  2. Exchange registration:

    • The preferred compliance platform (Binance/Huobi/OKX overseas version, Coinbase)

    • Complete KYC certification

    • Small test amount (it is recommended that the first transaction shall not exceed 500 yuan)

3. Getting started with transactions

  1. Transaction type:

    • Spot trading (direct buying and selling)

    • Contract trading (high risk leverage, novices are cautious about entering)

  2. Must learn skills:

    • Read the K-line chart (MACD/RSI basic indicators)

    • Setting a stop-profit and stop-loss

    • Pay attention to Gas fees (ETH chain transaction costs)

4. Risk control

  1. Fund Management:

    • The investment ratio does not exceed 10% of current assets

    • Adopt fixed investment strategies to reduce volatility risk

  2. Anti-fraud guide:

    • Beware of "stable profits but no losses" projects

    • Don't click on unfamiliar links

    • Verify contract address (ScamSniffer tool)

5. Advanced path

  1. Participate in the ecosystem:

    • DeFi dig (such as Uniswap liquidity provided)

    • NFT Market (OpenSea Observation and Learning)

  2. Community construction:

    • Join Discord high-quality project group

    • Track Twitter Big Vs (Vitalik Buterin, etc.)

The above is the detailed content of How to enter the industry in the currency circle? Getting started with newcomers in the currency circle. For more information, please follow other related articles on the PHP Chinese website!

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