With the arrival of the bull market, the popularity of the cryptocurrency circle has increased a lot. At this time, there must be many novices entering the cryptocurrency circle. Here are three suggestions for novices who have just entered the cryptocurrency circle!
1. Identify large exchanges
Try to choose the first-tier Bitcoin exchanges (bian and ouyi) for cryptocurrency trading. Large platforms have more secure funds. Small platforms are prone to bankruptcy and running away!
2. Newbies only buy mainstream coins
It is recommended that novices start investing in mainstream currencies such as BTC, ETH, LTC, etc., and 90% of the investment portfolio is allocated to mainstream currencies. Small currencies are volatile and there is a risk of zero return!
3. Newbies are cautious in trading contracts
Newbies should try not to touch contracts and do spot trading with peace of mind. The high volatility of Bitcoin plus leveraged contracts are too risky! If you have to do it, it is recommended to go to bi'an and pay attention to strictly control your positions!