Beginners should choose suitable cryptocurrencies for investment:
Understand the types of cryptocurrencies
- Mainstream coins: Such as Bitcoin, Ethereum, etc., which rank high in the cryptocurrency market capitalization leaderboard, have a large user base, good trading depth, high market activity, have withstood historical tests, strong risk resistance, high consensus, significant application value, good liquidity, relatively low investment risk, and are suitable for beginners.
- Altcoins: Including meme coins, public chain tokens, GameFi, and various concept coins, which are less familiar in the market, have lower consensus and liquidity compared to mainstream coins, but may perform well during hot trends, with significant price volatility. Investment risks are high, so beginners should be cautious.