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Common Knowledge for Newbies in Cryptocurrency Trading in 2025

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Digital currencies come in various categories, including currency types (like BTC), platform types (like ETH), application types (like SC), stablecoins (like USDT), and dividend types (like repurchased BNB). Each type has unique characteristics. For newcomers in the crypto space, it's essential to differentiate between valuable coins, which are suitable for long-term holding, and "air coins," which should be avoided despite potential price surges. Key points for trading cryptocurrencies include: 1. **Trading Characteristics**: - 24/7 trading without price limits. - Minimum purchase of 0.0001 BTC. - Same-day buying and selling (T+0). - High liquidity with no withdrawal time restrictions. 2. **Common Knowledge for Beginners**: - Bitcoin (BTC) and Ethereum (ETH) are recommended for new investors. - Different categories of digital currencies have distinct properties. - Purchase channels include over-the-counter platforms and private trades, with caution advised against unguaranteed private transactions. 3. **Common Terminology**: - Terms like "position," "full position," "partial sell," "bull market," and "bear market" are crucial for understanding trading dynamics. 4. **Security Issues**: - Security remains a significant challenge in the crypto space, with risks even in reputable exchanges. It's advisable to store cryptocurrencies in private wallets, with hardware wallets offering more security than software wallets. Overall, understanding these basics and terminology is vital for anyone looking to navigate the cryptocurrency market effectively.

The categories of digital currencies are diverse, including currency types (like BTC), platform types (like ETH), application types (like SC), stablecoins (like USDT), and dividend types (like repurchase BNB). Each type has unique attributes. For newcomers in the crypto space, the focus should be on distinguishing between valuable coins and worthless coins: valuable coins are suitable for long-term holding, while worthless coins should be avoided even if they experience significant price increases. So, what common knowledge must one know when trading cryptocurrencies? Many newcomers entering the digital currency and blockchain field are often confused not by which coin to choose, but by understanding various professional terms. For those who truly want to enter the space, what basic knowledge is necessary for wealth accumulation?

Today, I have compiled relevant professional terms for reference:

1. Common Knowledge for Trading: Basic Characteristics of Virtual Currency Trading#

  1. Trading Hours: 24/7 all year round.
  2. No Price Limits: Virtual currency trading has no price limits; for example, on May 28, Bitcoin's daily increase exceeded 20%; stocks have such restrictions.
  3. Trading Units: The minimum purchase is 0.0001 BTC (approximately 0.6 yuan), with no minimum purchase limit like stocks (which require a minimum of one lot, 100 shares).
  4. Anytime Trading (T+0): You can sell on the same day you buy; stocks are T+1 trading, meaning you can only sell on the next trading day.
  5. No Time Limit for Withdrawals and Cashing Out: You can withdraw and cash out at any time, with high liquidity.

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There are many unreliable exchanges in the market, and newcomers often lack the experience to judge their reliability. It is recommended to register with well-established exchanges with good reputations —
The latest ranking of the top 10 virtual currency trading platforms in China for 2025 is out 🔥【Worth collecting】

2. Common Knowledge for Trading: Basics for Newbies in Virtual Currency Trading#

  1. Bitcoin and Ethereum are hard currencies in the blockchain field. If newcomers are unsure which assets to buy, BTC and ETH are recommended.
  2. The categories of digital currencies are diverse, including currency types (like BTC), platform types (like ETH), application types (like SC), stablecoins (like USDT), and dividend types (like repurchase BNB). Each type has different attributes. For newcomers in the crypto space, the key is to distinguish between valuable coins and worthless coins: valuable coins are suitable for long-term holding, while worthless coins should be avoided even if they experience significant price increases.
  3. Channels for purchasing fiat currency include over-the-counter trading platforms and private OTC. Over-the-counter platforms usually support multiple assets like BTC/ETH/EOS; private OTC varies in scale, with most only supporting hard currencies like BTC and ETH. Private transactions should be avoided without guarantees to prevent scams that are difficult to recover from.

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3. Common Knowledge for Trading: Common Professional Terms in Virtual Currency Trading#

  1. Position: Refers to the ratio of the actual investment held by the investor to the total investment funds.
  2. Full Position: All funds are used to buy virtual currency.
  3. Reduce Position: Partially sell virtual currency but not completely empty it.
  4. Heavy Position: The proportion of virtual currency holdings is higher than available funds.
  5. Light Position: The proportion of available funds is higher than virtual currency.
  6. Empty Position: Sell all virtual currency and convert it to cash.
  7. Take Profit: Sell virtual currency after gaining profits to lock in earnings.
  8. Stop Loss: Sell after losses reach a certain level to prevent further losses.
  9. Bull Market: Prices continue to rise, with optimistic prospects.
  10. Bear Market: Prices continue to fall, with bleak prospects.

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4. Common Knowledge for Trading: Security Issues in Digital Currency#

The security of digital currency has always been a major challenge in the crypto space. Even storing coins on exchanges is not 100% safe; for example, large exchanges like Binance have experienced multiple theft incidents, and smaller exchanges pose even higher risks. To ensure asset security, it is recommended to store digital currencies in private electronic wallets. Software wallets save assets through applications but have lower security; hardware wallets like onekey (similar to a USB drive) offer higher security.

🔥🔥🔥 Alpha's Practical Tools for Finding Gold Dogs#

1️⃣ Axiom Dog-Charging Tool https://axiom.trade
2️⃣ Gmgn Dog-Charging Tool https://gmgn.ai
3️⃣ dbot Dog-Charging Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com

Related Reading#

The latest ranking of the top 10 virtual currency trading platforms in China for 2025 is out 🔥【Worth collecting】

【Real Stories of Getting Rich in the Crypto Space】Many people ask me how I went from 0 to 11 million and then to a debt of 100,000 after years of trading cryptocurrencies?

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