Good news for novices! Use this method to make sure you make money on cryptocurrencies

For novices in the crypto market, "sure you make money" may sound like a myth, but through scientific methods and strict strategies, you can indeed greatly reduce risks and make steady profits. The following is a simple method for novices to speculate in cryptocurrencies, allowing you to easily get started and avoid losses.

1. Buy mainstream coins if you don't understand

As a novices, it is most taboo to chase the skyrocketing altcoins. Mainstream coins such as $BTC and $ETH are the mainstays of the market, with relatively controllable volatility and strong risk resistance. In the bull market, although these coins have not risen as much as small coins, they are more stable and not easy to "return to zero".

2. Fixed investment method reduces risks

Don't try to "all in" in one go, but choose to buy regularly, such as a fixed amount every week, regardless of whether the market goes up or down. This fixed investment method smooths price fluctuations, especially for novices who don't understand short-term operations.

3. Stop profit in time and put money in the bag

Set a clear stop profit point, such as selling part of it in batches when the increase reaches 30%-50%. The market is full of uncertainty. Don't miss out on profits by trying to "double up". Stop-profit is one of the core secrets to ensure "stable profits".

4. Choose a stable trading platform

For novices, choosing the right platform can avoid a lot of trouble. Give priority to global leading platforms such as Binance and Coinbase to avoid losing funds or being cheated.

5. Learn to set stop-loss

Even for mainstream currencies, the market may fall sharply in the short term. Set a stop-loss line for each investment, such as stopping loss in time when the loss is 10%, to avoid being deeply trapped and difficult to turn around.