A Step-by-Step Guide to Investing for Newbies in Virtual Coins

How to Get Started with Cryptocurrency? A Beginner's Guide to Cryptocurrency Investment in 2025!

How to get started with cryptocurrency? Have you started to take an interest after seeing profit reports and investment success stories on social media? There's no need to rush! This 2025 edition, the perfect cryptocurrency investment guide for newbies, will support you in taking your first step in investing!

How to Start with Cryptocurrency: How to Choose an Exchange and the Process of Opening an Account

If you're starting with cryptocurrency, it's important to first find a "good partner." In other words, choosing the right exchange (CEX)! There are many options, but which exchange is right for you? Here are a few points to consider when making your choice:

1️⃣ Check fees

  • A rate of about 0.1 to 0.2% is common at major exchanges.
  • When making small investments, be aware of the minimum fee (e.g., a fixed $10).

2️⃣ Is the trading interface user-friendly?

  • If you're a newbie, an app that can be operated intuitively is recommended!
  • Those who engage in short-term trading should choose a platform with quick price updates and stability.

3️⃣ What additional services are available?

  • Is there a regular investment feature? (Essential for small investors)
  • What kind of analysis tools and coin information are provided?

3️⃣ Local Support for International Exchanges

  • Is Japanese supported? If you're not good at English, it would be easier to use an exchange that supports "Japanese".
  • Is there customer support in Japan time zone? There won't be any time difference issues, and they can respond immediately if a problem arises during trading.
  • Does it support deposits and withdrawals in Japanese Yen? Some exchanges support "Japanese Yen remittance" and integration with Japanese bank accounts, eliminating the hassle of currency exchange.

💡 Advice: Once you choose an exchange, first try it out with a "demo account." If you find it easy to use, then deposit for real!

Bitcoin Investment Guide:

Merit

✅ Value Preservation: Many experts refer to Bitcoin as "digital gold" and it is gaining attention as a long-term value preservation method. ✅ Transparency: Blockchain technology ensures that all transactions are recorded on a public ledger, providing transparency.

Disadvantages

❌ Price Volatility: The cryptocurrency market is highly volatile and can experience significant price fluctuations in a short period. ❌ Regulatory Risk: Depending on the regulatory situation in each country, there may be restrictions on trading or holding.

How Individual Investors Invest in Cryptocurrency and Related Costs:

✔ Direct trading on the exchange:

Open an account at a cryptocurrency exchange to buy and sell.

Estimated cost:

  • Trading fee: 0.1% to 0.5% of the transaction amount
  • Withdrawal fee: varies by exchange

✔ Fund Investment:

indirect investment through cryptocurrency ETFs and funds

Estimated cost:

ETF:

  • Transaction fee: 0.1% to 0.2%
  • Annual management fee: 0.5% to 2.0%

Fund:

  • Purchase fee: 1.0% to 3.0%
  • Annual management fee: 1.0% to 2.5%
  • Storage Fee: 0.2% to 0.5%

💡 Note: Actual costs vary depending on the exchange and fund company, so be sure to check before investing!

Altcoin Investment Guide:

What is the difference between altcoins and Bitcoin? Features of altcoins:

✅ Diverse Options: You can invest in projects with various features such as ETH, SOL, and DOT, covering a wide range of fields including technology, DeFi, and NFTs. ✅ High growth potential: Innovative projects hold great opportunities for long-term growth. ✅ Cost advantage: Low fees and the ability to invest from small amounts make it suitable for newbies.

Why newbies should consider altcoins?

✔ Risk Diversification: By investing in multiple coins, you can spread the overall market risk. ✔ Transparency: Many projects are open source and actively disclose information.

Points to Note:

❌ Lack of understanding of the project: Many projects are technically complex, and it is necessary to deepen basic understanding. ❌ 24-hour market operation: The cryptocurrency market operates 24 hours a day, 365 days a year, making it challenging to constantly monitor price fluctuations. ❌ Price volatility risk: Especially small altcoins can experience significant price fluctuations and may have large price movements in a short period of time.

💡 Advice: It is recommended to start investing with well-known large coins (such as ETH and SOL). If you are doing long-term investment, using "regular installment" can diversify price fluctuation risks, and you won't need to check the charts daily. Choosing an exchange that supports multiple coin transactions can reduce the hassle and fees of currency exchange.

Basic Knowledge of Cryptocurrency: Easy Master Guide

In this chapter, let's quickly learn the basic knowledge of the cryptocurrency market. We will explain trading pairs, market indicators, trading volume, trading time, and more. Here are three important points that newbies should keep in mind:

1️⃣ Understand Basic Terms

What are "market orders", "limit orders", and "buy/sell orders"? Let's understand these basic terms so that you won't panic when placing orders!

2️⃣ Understand the trading hours

Cryptocurrency market: Trading available 24 hours a day, 365 days a year (excluding maintenance hours)

Unlike the stock market, the cryptocurrency market can be traded at night and on weekends!

3️⃣ Know the trading unit

The smallest unit of cryptocurrency is very small, and investments can be made from a small amount!

Bitcoin: Available for purchase from 0.00000001 BTC (1 Satoshi) Ethereum: Available for purchase from 0.000000000000000001 ETH (1 way)

Many exchanges allow you to start investing with a small amount of around 10 dollars, creating an easy environment for newbies and small investors.

How to Read Cryptocurrency Charts Basics

There are many free charting tools available on the internet today. The popular TradingView has enough features for newbies even in its free version, and there are many other free tools available, such as Investing.com and charts provided by major exchanges.

How to view prices?

The price refers to the numbers that are constantly fluctuating on chart software, indicating the price "per unit." It changes in real-time based on market trading conditions. The basic price information that newbies should keep in mind is as follows:

  • Current Price: The trading price of the coin at this moment
  • Closing Price: The final trading price from the previous day
  • Opening Price: Today's first transaction price
  • High/Low: Today's coin's highest and lowest prices

Tips for Viewing Charts:

  • The current price is usually displayed in large, prominent text on the screen.
  • Prices are constantly fluctuating during trading hours.
  • Not only the price, but by looking at the trend chart, you can easily see the upward and downward trends.

Techniques for Advanced Users: Once you have gained experience, it is advisable to learn the following skills.

  • Candlestick chart: Understand price fluctuation patterns
  • Moving Average: Very helpful for trend judgment
  • MACD: A tool for determining buy and sell timing
  • Market Data Analysis: Grasping the Movements of Large Investors
  • Fundamental Analysis: Understanding the reality of the project

These advanced techniques need to be learned over time! Newbies should first get accustomed to basic price information and gradually acquire advanced skills.

Coin Selection Guide for Newbies in Cryptocurrency!

Choosing coins as a newbie is easy! Let's get started with these 4 steps~

Start from a field you understand: "Investing in coins you understand is fundamental!" For example, if you like games, look into game NFT projects; if you are knowledgeable about technology, consider smart contract platforms. When you are in a field you know, it is easier to make judgments and you don't have to invest based on guesses.

First, start with large coins: Choose projects with a large market capitalization and high recognition. For example, industry top coins like Bitcoin and Ethereum. Large coins are relatively stable and tend not to fluctuate wildly like small coins.

Considering the Fair Price: Check the market cap and fundamentals to determine if it is overheated.

Combining multiple types of coins: That old saying "Don't put all your eggs in one basket!" For example, if you combine and purchase long-term holding types and growth types, you have a chance to profit regardless of how the market fluctuates!

Points that Newbies in Virtual Currency Should Be Careful About

4 tips to avoid failures in cryptocurrency investment:

1️⃣ Choose your exchange carefully

Even a small difference in fees can make a big difference in the long run! Choosing an exchange is like choosing a teammate; it is crucial to select a reliable exchange! If you have a high trading volume, consider negotiating for fee discounts.

2️⃣ Do thorough research before investing

Investing without knowing the details of the project is risky. Recommended research items for newbies:

✔ Basic Information: Field, Main Products, Technology ✔ Financial Status: Market Capitalization, Circulating Supply, Funding Status ✔ News: Important announcements and developments

In the past, when DeFi projects became a boom, many people invested without understanding the mechanism of the projects and ended up buying at high prices.

3️⃣ Strictly adhere to the rules for taking profits and cutting losses

Trading requires strict discipline. Stick to the profit-taking and stop-loss lines you set for yourself. For example, if you make a 20% profit, sell half and adjust the stop-loss line for the remaining quantity according to the upward trend. If losses exceed 10%, make sure to cut your losses. Do not hold on expecting a price recovery.

"Reasons why many individual investors lose: they sell immediately when they make a little profit but hold on when they incur losses!"

4️⃣ Find an investment style that suits you

  • Day trading: For those who can look at charts every day
  • Dollar-cost averaging: For employees who don't have time to look at charts.
  • Swing Trading: Targeting Turning Points with Technical Analysis

The most important thing is to find a rhythm that suits you. Don't be swayed by others' profit stories!

💡 Advice for newbies: First, practice for 3 months with a demo account. Keep the initial funds small. Take notes for each trade and review them.

ETH2.16%
SOL0.88%
BTC1.2%
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