### 1. **What is Cryptocurrency?** ๐ฐ
- Itโs digital money, like **Bitcoin (BTC)** or **Ethereum (ETH)**.
- It works on **blockchain** ๐๏ธ, which is like a secure online record book.
### 2. **How to Trade Crypto?** ๐
- Buy when prices are low ๐ฝ and sell when they go up ๐ผ.
- You can trade daily (day trading ๐) or hold for a long time (HODLing ๐ฆ).
### 3. **Basic Terms to Know:**
- **Wallet** ๐: A place to store your crypto (online or offline).
- **Exchange** ๐ฆ: Platforms to buy/sell crypto, like Binance or Coinbase.
- **Altcoin** ๐ช: Any coin other than Bitcoin.
### 4. **Start Small** ๐ค
- Only invest money you can afford to lose. Prices can change fast!
### 5. **Pick a Safe Exchange** ๐
- Use trusted platforms like Coinbase or Binance.
- Turn on 2FA (Two-Factor Authentication) for extra security ๐ก๏ธ.
### 6. **Understand the Market** ๐
- Learn to read price charts ๐.
- Stay updated with crypto news ๐ฐ for trends and changes.
### 7. **Diversify Your Portfolio** ๐
- Donโt put all your money in one coin; spread it out to reduce risks.
### 8. **Set Goals** ๐ฏ
- Decide when to buy and sell. Avoid making emotional decisions!
๐ก **Tip:** Keep learning and practice patience. Crypto trading is a journey!