Many newcomers want to make big money in the crypto world, but the market's high Fluctuation makes it difficult.

They are at a loss. In fact, if you want to accumulate your first bucket of gold in the crypto world,
No complex operations are needed. The following 8 key steps can be.
Help you achieve wealth growth step by step.
1. Choose the right track: Start with mainstream coins.
If you are a beginner, it is recommended to start with Bitcoin (BTC) and Ethereum.
(ETH) Start.
Bitcoin is the cornerstone of the entire crypto market, and it still will be in the long run
has great growth potential.
As the leader of smart contracts, Ethereum is almost all of the
DeFi and NFT projects rely on its ecological development.
Beginner's advice: don't invest in small coins right away, but first
Gain experience from mainstream assets.
2. Use a dollar-cost averaging strategy (DCA) to reduce investment risk.
The market is experiencing severe fluctuations, and regular investments can help you average out costs and reduce short-term risks.
The impact of price fluctuations.
Practical Methods:
Set aside 500-2000 yuan every month to regularly buy BTC or
ETH, no matter the fluctuation, persist in execution.
In the long run, your average holding cost will be better than a one-time purchase.
Low, more stable returns.
3. Diversify investments and allocate assets reasonably.
Avoid ALL IN on a single coin, reasonable allocation of funds can reduce risk. Recommended investment ratio:
50% Major coins (BTC, ETH): Long-term holding
30% stablecoin (USDT, USDC): reserved funds, waiting for a better buying point
20% Potential Small Coins (SOL, AVAX, etc.): Appropriately participate in high-growth sectors
4. Pay attention to market cycles and avoid chasing highs and selling lows.
The crypto market typically operates on a 3-4 year cycle, with bear markets being a buying opportunity and bull markets being a selling opportunity. The smart approach:
In a bear market, buy in batches instead of waiting for the market to rise before chasing high prices.
Sell in batches during a bull market to avoid missing the peak.
5. Avoid high-risk operations and protect the principal.
Avoid high leverage: Although leveraged trading can amplify profits, losses can also be magnified, making it easy for beginners to get liquidated.
Don't invest blindly based on trends: There are many market hot spots, but many projects are short-lived, so be sure to do your homework before investing.
6. Participate in staking and DeFi to earn passive income
If you hold BTC or ETH for a long time, you may consider staking some of your assets or engaging in DeFi lending to earn additional interest income.
7. Stay updated on industry trends and keep learning
The cryptocurrency circle changes rapidly, and keeping learning is the key to long-term survival. You can pass: pay attention to the news of the currency circle and KOL analysis
Participate in crypto world community exchanges, learn investment experiences.
8. Be patient and set long-term goals
Investing is not about getting rich overnight; it is a long-term process. If you want to make 1 million in the crypto world, the most important things are patience + discipline. Stick to your strategy and don't let short-term fluctuations affect your decisions.
Summary: For newcomers in the crypto world to succeed, the key is to choose the right assets, adopt a dollar-cost averaging strategy, diversify investments, grasp market cycles, and control risks. As long as you can persist in execution, accumulating your first pot of gold is not out of reach in the long run!