I've been struggling in the crypto world for so long. I won't say I'm a master, but I can be considered an old veteran with stories. Today, I want to share some experiences with the new investors who just entered the market, so everyone can avoid some detours.

First of all, when you just enter the crypto market, never go all-in right away. The crypto world is very deep, and the volatility is like a roller coaster, very thrilling and also very cruel. As a beginner, just invest a few thousand dollars to start. Consider two or three thousand dollars as the first 'tuition fee' to feel the heartbeat of skyrocketing and plummeting prices, and then think about whether you want to continue exploring in this circle.

When I first entered the market, a friend asked me how much I was going to invest. I was thinking of starting with two thousand dollars to test the waters. But my friend told me that two thousand dollars was too little; doubling it would only earn me two thousand, so I should invest more. I got swayed and impulsively invested over twenty thousand, buying a shitcoin with all my funds. Turned out, I bought it at the peak, and the price plummeted by 99%. Now it's worth only about five or six hundred dollars, making me want to cry without tears. So, newbies, for your first investment, don’t get carried away; start small and test the waters.

Now, let's talk about the second point. If you don't know which coin to buy, choose Bitcoin (Big Pie) and Ethereum (Auntie) as your 'big brothers'. The mainstream coins are stable because they have a solid foundation in the market. After a round of bull and bear markets, support and resistance levels often swap. Even if you accidentally buy at the high point of the previous bull market, don’t panic; hold it for three to five years, and that previous high might just turn into a support level, giving you a chance to break even or profit.

Newbies should not be fooled by the sudden crazy rise of shitcoins. Many shitcoins are just tricks where the market makers pump it up and then run, which is not much different from buying lottery tickets—there's too much uncertainty. Besides Bitcoin and Ethereum, BNB and SOL are also quite good and can be allocated appropriately. If you are doing spot investments, it’s recommended to put 70% of your funds into these 'four kings'. This is a practical tip for friends with limited funds to protect their wallets.

Lastly, if you want to thrive in the crypto market, you must have a stable income. A stable income is like a 'revival coin' in a game. In the crypto world, beginners are basically paying tuition at first, and only after gaining enough experience and suffering losses can they slowly figure out how to make money.

If you only have one lump sum of money and are greedy, going all-in on shitcoins or playing high-risk contracts, you are likely to lose everything. Moreover, once you lose your stable income, you won't be able to continue accumulating experience. Without experience, how can you make money in this complex market? Therefore, if newbies want to develop in the crypto world for the long term, they need a steady stream of 'bullets' to allow for trial and error and to learn from mistakes. Persisting will give you the chance to see the light after the clouds clear. If you only have one lump sum and impulsively go all-in on shitcoins or contracts, once you lose it all, your mindset will collapse, which is far more serious than just losing money.#美国加密战略储备 #加密市场反弹