The 'One Fish, Three Eats' Strategy for New Bitcoin Traders
In the field of Bitcoin trading, which is full of opportunities and challenges, newcomers often feel confused and helpless, unsure of how to embark on the path of wealth growth. However, with clever planning, newcomers can also try to achieve 'one fish, three eats', exploring the potential of Bitcoin trading from multiple dimensions.
1. Spot Trading: Building a Solid Foundation, Timing Accurately
Spot trading is the cornerstone of Bitcoin trading, and for newcomers, it is crucial to solidly grasp the foundational knowledge. First, one must deeply understand the underlying technology of Bitcoin—blockchain, know the operation principles of its decentralized, distributed ledger, and realize that the total supply of Bitcoin is fixed at 21 million coins. This scarcity is one of the key factors influencing price fluctuations. At the same time, closely monitor macroeconomic dynamics, changes in policies and regulations, and innovations in industry technology, as these will leave profound marks on Bitcoin price trends. For instance, when global central banks implement loose monetary policies and market liquidity is abundant, some funds may flow into the Bitcoin market, driving prices up; conversely, stricter regulations often trigger sell-offs, leading to price declines.
Bitwise Bitcoin ETF is a type of investment fund that tracks the value of #BTC * ETF stands for "Exchange-Traded Fund", a type of investment fund traded on the stock exchange like stocks. * Bitwise is the name of a digital asset management company that developed this type of ETF. So, Bitwise Bitcoin ETF allows you to invest in Bitcoin indirectly, by purchasing shares of this fund. This is more convenient than buying and storing Bitcoin directly, as it eliminates many technical barriers and risks associated with self-managing Bitcoin. Why choose Bitwise Bitcoin ETF? * Portfolio diversification: You can add Bitcoin to your portfolio without needing to understand the technology behind blockchain too deeply. * High liquidity: ETFs are traded on the stock exchange, so you can easily buy and sell. * Clear regulations: ETFs are managed by financial regulatory bodies, ensuring transparency and safety. However, you need to keep in mind: * Fees: Like other investment funds, Bitwise Bitcoin ETF will have management fees, transaction fees... * Market risk: The value of Bitcoin can be highly volatile, therefore the value of the ETF will also change accordingly. $BTC
Generally, I usually sell if it doesn't rise in 5 minutes. No matter what sins you committed in your past life, this round of bull market has cleared the debts for buying APT and FIL.
BAN has changed hands, with a cost above 0.05, currently opened a long position at 0.064 to see how the new main force operates.
APT and FIL continue to stand firm. Don't cut losses anymore; there are currently signs of a bottom forming. Just hold on, and if you can't hold, throw your money into wealth management for a fixed deposit.
Moew has multiplied tenfold in a few days, and its market value is still very low; you can continue to buy at 0.003.
The Musk family is really impressive, from the dog to Raca, and then to 35306693050, each one is very outstanding, MeMe has been fully understood by them.
Afternoon Tea 🍵 Wealth Code 🌹🌹🌹🌹 1. ORDI multi-cycle resonance downtrend, 4-hour dragon diving pattern, sell on highs 🈳; 2. Small cycle 15-minute current price range 26.130~26.317 🈳 enter the market; 3. Please fasten your seatbelt and set your stop-loss ⚠️⚠️⚠️⚠️
😘 Yesterday I said that if $BNB reaches 720 USD, a red envelope rain will be issued in the group. I didn’t expect it to arrive so soon. Come on, start giving out coins:
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It is worth mentioning that $BIO Launchpool will end in 5 days. How high do you think BNB can reach? #Launchpool #BIO #bnb
I said in the afternoon that there is no need to analyze this market. As long as there is a rebound, it is right to go short. Listen to Brother Lie and you will not suffer any loss! Don’t you think this is another scam? Don’t you learn from your mistakes and listen to those brainless teachers to get trapped? A sigh!
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Brothers, the market is being dragged down by Ethereum, so the varieties here that are glowing green are your best choices for bottom-fishing and entering the market.
What genius is there! Persisting in doing what you love is itself a kind of talent. $BTC $XRP $BNB #加密ETF申请热潮涌现 #GMT热度飙升 #币安Alpha公布第8批项目 #加密市场调整 #FlokiETP流动性提案通过
Some suggestions and risk control measures for new users of the crypto market:
Knowledge learning
• Before entering the crypto market, fully understand the basic concepts of cryptocurrencies, such as the operating mechanisms of mainstream cryptocurrencies such as Bitcoin and Ethereum, and the principles of blockchain technology. You can learn by reading professional books, industry reports, and participating in online courses.
• Pay attention to the dynamics of the cryptocurrency market, including price fluctuations, changes in policies and regulations, and technological updates, such as spending a certain amount of time every day browsing well-known industry information websites.
Investment advice
• Start with a small amount of money and don't invest too much savings. For example, only take out 5% - 10% of personal disposable assets as initial investment funds, so that even if all losses occur, it will not have a devastating impact on personal financial status.
• Give priority to mainstream cryptocurrencies with high visibility and good liquidity, which are relatively more stable and have high market recognition, such as Bitcoin and Ethereum, and avoid investing in "air coins" that have no actual value support.
Risk control
• Set reasonable stop loss and take profit points. Stop loss points can help users exit in time when prices fall sharply to avoid further losses, such as selling when losses reach 20% of the invested funds; take profit points can lock in profits, such as selling part of the profits when the gains reach 30%.
• Do not use leverage or control leverage multiples. Leverage can magnify profits, but it will also multiply risks, which can easily lead to a total loss for novices.
Security
• Choose a reliable cryptocurrency wallet, and hardware wallets are relatively secure. Keep the private key and mnemonic of the wallet properly, do not transmit it over the Internet, and it is best to store it offline in a safe place, such as a safe.
• Choose cryptocurrency trading platforms carefully, and choose those with good reputations, complete security measures, and regulated platforms for trading. And pay attention to the platform's privacy policy and protect personal information. #2025加密趋势预测
There is a temporary change tonight We will not be live streaming for now See you tomorrow night! Sending you a small red envelope to share the good luck Wishing the brothers great fortune! $ETH
The surge in crypto ETF applications is an important phenomenon in the development of the cryptocurrency market. Here are some perspectives: Market recognition and development opportunities • The application boom for crypto ETFs shows that traditional financial institutions are increasingly recognizing the cryptocurrency market. For example, large financial institutions such as BlackRock and Fidelity in the United States are actively participating in it, promoting the gradual integration of cryptocurrencies into the mainstream financial system. • It provides investors with a more convenient and compliant investment channel, lowers the threshold for ordinary investors to participate in the cryptocurrency market, enables them to indirectly invest in cryptocurrencies through traditional securities accounts, share the profits of the crypto market, and promote capital inflows into the crypto market.