Hello, friend!👋
Have you heard of cryptocurrency? It's like a mysterious magical world filled with countless treasures, but the journey is also full of challenges.
Don't worry, today an article will guide you, starting from a complete novice, step by step unlocking this new world. Are you ready? Let's get on board!
First Stop: Get an "ID Card"
In the crypto world, you need an "identity" to prove you are you, and that identity is your exchange account.
There are countless exchanges on the market, but as a beginner, I highly recommend OKX. Why? Because it’s like a universal wallet, depositing and withdrawing is particularly convenient, and new users can enjoy a 20% fee rebate upon registration. Although this amount is not much, it adds up and can save you quite a bit for coffee!
[Click here to register for OKX and enjoy a 20% fee rebate!]
The registration process is very simple, just like opening a bank account: fill in an email address, set a password, and then complete identity verification. In just a few minutes, your journey into the crypto world officially begins!
Second Stop: Understand the "Treasure Map"
Having an account is not enough; you also need a "treasure map" to guide your direction. This map is the K-line chart.
The K-line chart is like an electrocardiogram, recording the price fluctuations of each cryptocurrency. These red and green bars may seem chaotic, but they hide immense information.
In AiCoin, you can use some indicators or draw lines to find potential buying and selling points:
Look at various indicators: For example, MACD, Bollinger Bands, these indicators can help you determine the price trend, whether it’s rising or falling.
Draw lines for analysis: Use trend lines, Fibonacci, patterns, and other tools to outline important price ranges, just like marking key locations on a treasure map.
Third Stop: Start the "Treasure Hunt"
Alright, with the "treasure map" and "ID card," it’s time to start the real "treasure hunt"!
In AiCoin, you can directly authorize trading. Seize the opportunity, place an order with one click, whether you want to go long buy or short sell, it can all be done on one interface.
The order interface is very intuitive, just like shopping on Taobao: select the cryptocurrency you want to trade, enter the amount, and then click buy or sell.
Fourth Stop: Lock Up Your "Treasure"
In the crypto world, the most important thing is risk control. It’s like digging up treasure but forgetting to lock it up; it could be taken away at any moment.
Here, the "lock" refers to take profit and stop loss.
● Take Profit: When you earn a certain amount, it automatically sells to secure your profits.
● Stop Loss: When you lose a certain amount, it automatically sells to prevent further losses.
How to set take profit and stop loss:
The position line supports dragging to set take profit and stop loss. When the position cost line is touched, it prompts you to "drag take profit and stop loss"; just hold the position cost line to drag.
In the order interface, find the "take profit and stop loss" option, and set the price at which you want to close the position.
This way, even if you fall asleep, the system will automatically handle it for you, ensuring the safety of your assets.
Fifth Stop: Write a "Sailing Diary"
After each trade, don’t rush to do other things; instead, develop a good habit—reviewing.
Reviewing is like writing a "sailing diary," recording your thoughts during this trade:
● Why did you buy? Was it because of a signal from the K-line chart? Or some news?
● Why did you sell? Was it because you reached the take profit point? Or because the price suddenly dropped?
● What went well?
● What needs improvement?
Daily reviews can help you continuously improve, just like leveling up in a game, ultimately becoming a true cryptocurrency expert!
In AiCoin, you can use the "K-line review" feature to continuously refine your trading methods.
Industry Advice, Please Take Note!
● Learn before you invest: Cryptocurrency is highly risky, don’t rush to invest all your money; start with a small amount to practice.
● Keep a calm mindset: The crypto market is highly volatile; it’s common to see big rises today and big drops tomorrow. Don’t let emotions control you; stay calm.
● Don’t chase highs and sell lows: Jumping in when a coin rises and selling quickly when it drops is a common mistake for beginners.
● Protect your private key: The private key is the only proof of your assets; don’t tell anyone!
Alright, today’s "novice tutorial" ends here. I hope it helps you!
If you have any other questions, feel free to reach out to me! Or, you can also tell me which aspect of the crypto world you want to know the most?
Join our community to discuss and grow stronger together!
Official Telegram community: t.me/aicoincn
AiCoin Chinese Twitter: https://x.com/AiCoinzh
Group chat - Wealth Group: https://www.aicoin.com/link/chat?cid=10013
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