Practical investment strategies in the cryptocurrency circle: a guide for beginners
1. Getting started for beginners: stability first
Scenario: If you have just entered the cryptocurrency circle, the amount of funds is not large and your understanding of blockchain technology and the digital currency market is limited. The core strategy is conservative investment, focusing on the three cornerstones - Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB).
Bitcoin (BTC): As the leader of the cryptocurrency market, Bitcoin has the highest market recognition and liquidity, and is an ideal choice for risk aversion and value-added.
Ethereum (ETH): Not only is it the second largest cryptocurrency, but it is also the cornerstone of smart contracts and decentralized applications (DApps). With the prosperity of DeFi, NFT and other ecosystems, its potential value cannot be ignored.
Binance Coin (BNB): As the platform coin of Binance Exchange, BNB enjoys unique advantages such as transaction fee reduction and burning mechanism. As the world's leading exchange, Binance's influence continues to expand, driving the value of BNB to rise.
Suggestion: Newbies should allocate most of their funds to the above three assets, avoid frequent transactions, hold them patiently, and wait for the market to pick up. Remember, for newbies, not losing money is the biggest victory.
