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.