How do newbies play coins circle
Feb 21, 2025 pm 10:00 PMFor newcomers who are new to the currency circle, it is crucial to understand and master the correct introductory knowledge. This article aims to provide newbies with common sense in the currency circle, from the entry-level basics to trading operations, and elaborate on the things that novices need to pay attention to when playing the currency circle, help them avoid risks and participate in the digital currency market safely and smoothly.
How newbies enter the currency circle: Must-have common sense for getting started
Before entering the currency circle, newbies should have the following basic common sense to ensure that Investment security and return on capital.
1. Understand blockchain and cryptocurrencies
Blockchain is a distributed ledger technology used to record transaction data so that it cannot be tampered with. Cryptocurrencies are digital assets built on blockchains and can be used for financial transactions, storage of value and other purposes.
2. Choosing the right trading platform
It is crucial to choose a formal and reliable trading platform. Newbies should consider factors such as the security of the platform, handling fees, transaction pair richness, and user experience.
3. Learn the basics
Understand the basics of cryptocurrencies, such as different types of cryptocurrencies, consensus mechanisms, risk management, etc. This will help beginners make informed investment decisions.
4. Invest with caution
The market in the currency circle is fluctuating greatly, and novices should do their best and invest with caution. Never invest all funds into the currency circle, and the investment portfolio should be distributed reasonably.
5. Understand investment risks
Cryptocurrency investment has certain risks, including price fluctuations, hacking attacks, fraud, etc. Newbies should fully understand these risks and develop appropriate risk management strategies.
6. Protect Account Security
Set a strong password and enable two-factor authentication to protect account security. Avoid sharing private keys or mnemonic words with others.
7. Pay attention to market trends
Follow the cryptocurrency market trends and understand industry trends and price trends. This will help beginners identify investment opportunities and adjust their strategies in a timely manner.
8. Patience and discipline
Investing in the currency circle requires patience and discipline. The market is volatile, so novices should avoid emotional operations. Adhere to long-term investment strategies and regularly review portfolios.
9. Seeking professional advice (optional)
For inexperienced investors, seeking professional advice can help. Consult a qualified financial advisor or industry expert to guide your investment strategy.
10.2025 Official website registration portal of the three major exchanges in the currency circle
- Ouyi okx official website entrance[adid]72b32a1f754ba1c09b3695e0cb6cde7f[/adid]
- binance Binance official website entrance[adid]9f61408e3afb633e50cdf1b20de6f466[/adid]
- gate.io official website entrance[adid]072b030ba126b2f4b2374f342be9ed44[/adid]
- bitget official website entrance[adid]fc490ca45c00b1249bbe3554a4fdf6fb[/adid]
Key points to note:
- First enter the currency circle, it is recommended to choose mainstream cryptocurrencies, such as Bitcoin, Ethereum.
- Be sure to use hardware to store or cold storage of large amounts of crypto assets.
- Resist high-yield investment scams, and there will be no pie falling from the sky.
- Keep learning and researching and constantly update industry knowledge.
The above is the detailed content of How do newbies play coins circle. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

Yes, you can get USDT for free in the following 5 ways: 1. Participate in airdrop tasks on mainstream exchanges, such as registering and giving away, completing novice tasks, and inviting friends to get rewards; 2. Join the blockchain project community and obtain airdrops through Web3 social platform or Twitter/Discord interaction; 3. Participate in the "test network" activity, register the test chain address and simulate the use of DApp to get incentives; 4. Complete tasks on the cryptocurrency navigation platform to receive novice gift packages, participate in sign-in, lottery and other activities; 5. Interact with the content creation and community, and publish original content to obtain USDT rewards from the project party. At the same time, you need to pay attention to security risks, do not fill in private keys, do not believe in scams, and choose mainstream platforms to participate.

The duration of the airdrop dividend is uncertain, but the LayerZero, StarkNet and ZK ecosystems still have long-term value. 1. LayerZero achieves cross-chain interoperability through lightweight protocols; 2. StarkNet provides efficient and low-cost Ethereum L2 expansion solutions based on ZK-STARKs technology; 3. ZK ecosystem (such as zkSync, Scroll, etc.) expands the application of zero-knowledge proof in scaling and privacy protection; 4. Participation methods include the use of bridging tools, interactive DApps, participating test networks, pledged assets, etc., aiming to experience the next generation of blockchain infrastructure in advance and strive for potential airdrop opportunities.

Ordinary investors can discover potential tokens by tracking "smart money", which are high-profit addresses, and paying attention to their trends can provide leading indicators. 1. Use tools such as Nansen and Arkham Intelligence to analyze the data on the chain to view the buying and holdings of smart money; 2. Use Dune Analytics to obtain community-created dashboards to monitor the flow of funds; 3. Follow platforms such as Lookonchain to obtain real-time intelligence. Recently, Cangming Money is planning to re-polize LRT track, DePIN project, modular ecosystem and RWA protocol. For example, a certain LRT protocol has obtained a large amount of early deposits, a certain DePIN project has been accumulated continuously, a certain game public chain has been supported by the industry treasury, and a certain RWA protocol has attracted institutions to enter.

Is DAI suitable for long-term holding? The answer depends on individual needs and risk preferences. 1. DAI is a decentralized stablecoin, generated by excessive collateral for crypto assets, suitable for users who pursue censorship resistance and transparency; 2. Its stability is slightly inferior to USDC, and may experience slight deansal due to collateral fluctuations; 3. Applicable to lending, pledge and governance scenarios in the DeFi ecosystem; 4. Pay attention to the upgrade and governance risks of MakerDAO system. If you pursue high stability and compliance guarantees, it is recommended to choose USDC; if you attach importance to the concept of decentralization and actively participate in DeFi applications, DAI has long-term value. The combination of the two can also improve the security and flexibility of asset allocation.

DAI is suitable for users who attach importance to the concept of decentralization, actively participate in the DeFi ecosystem, need cross-chain asset liquidity, and pursue asset transparency and autonomy. 1. Supporters of the decentralization concept trust smart contracts and community governance; 2. DeFi users can be used for lending, pledge, and liquidity mining; 3. Cross-chain users can achieve flexible transfer of multi-chain assets; 4. Governance participants can influence system decisions through voting. Its main scenarios include decentralized lending, asset hedging, liquidity mining, cross-border payments and community governance. At the same time, it is necessary to pay attention to system risks, mortgage fluctuations risks and technical threshold issues.

USDT is not a scam, but there are risks. 1. Tether provides liquidity in the crypto market by issuing USDT, a stablecoin anchored by the US dollar; 2. The company's background is related to Bitfinex, and has been fined for audit issues but has increased transparency; 3. The reserve assets are mainly US Treasury bonds rather than pure cash, and there are certain financial risks; 4. Face risks such as insufficient audit frequency, centralized control and compliance restrictions; 5. The USDT market is highly accepted, but trust needs to be based on continuous disclosure and compliance operations. Overall, USDT is trustworthy but does not equal zero risk, and users should be cautious.

Yes, the crypto market is ushering in signs of a full-scale bull market. After Bitcoin hit a record high recently, Solana (SOL), Toncoin (TON) and AI-related tokens have collectively surged, showing a sharp rise in market heat; 1. Solana was driven by large-scale institutional buying, Meme coin boom and ecological recovery, and its price exceeded US$200; 2. Toncoin relies on Telegram's huge user base and practical application scenarios, and set a new high; 3. AI tokens benefit from the catalysis of technology trends and the NVIDIA GTC conference to attract funds to make arrangements in advance; in summary, the rising market with multiple points is driven by fundamentals and is regarded as a signal of a bull market, but investors still need to be wary of volatility risks and pay attention to long-term value.

To transfer USDT to the exchange for transactions, you must first confirm that the chain type matches, the address is correct, and complete real-name authentication. 1. Register and authenticate the mainstream exchange account with real name; 2. Confirm that the wallet is consistent with the USDT chain type of the exchange (such as TRC20); 3. Obtain the recharge address of the corresponding chain on the exchange and copy it accurately; 4. Initiate transfers from the wallet and pay the corresponding handling fee; 5. After arrival, you can trade in the spot or contract market; 6. Pay attention to checking the address, avoid transferring to the contract address, and give priority to low-processing networks. The entire process is usually completed in minutes, ensuring operational safety is key.