Ten major points that newcomers need to pay attention to when entering the cryptocurrency circle:
1. Uninstall all Internet apps, market software, and media software
2. Unfollow all KOLs, market analysis, and quit all groups
3. Buy 3-5 books on economics, blockchain, monetary science, and finance for beginners
4. Be familiar with basic operations and stay away from short-term contracts, private placements, and public offerings
5. Improve your ability to make money off-site, go all out, and only hoard coins
6. Don't trust any project party, exchange, or big guys
7. After building a position for 3 layers, add positions when the price drops, gradually lower the cost, and after the bull market, slowly exit the position at a ratio of 4-3-2-1
8. Read "A Practical Manual for Getting Started in the Cryptocurrency Circle"
9. Work hard, make money continuously, and continue to learn about the cryptocurrency circle
10. Read all of Ben Ge's materials
For personal investment, there are certain legal requirements for deposits and withdrawals in the cryptocurrency circle
How to deposit and withdraw funds safely?
If the funds are less than 1 million, the exchange can directly otca, which is generally not a big problem. Pay attention to the following points:
1. Find pro merchant
1. Withdraw during the day
3. Withdraw in batches 4. Find a commonly used card
The funds are greater than 1 million, as follows:
1. Go to a country where Bitcoin is legal (Japan, the United States, South Korea, etc.)
2. Open a large bank card in the local area
3. Register for a local compliant exchange (some do not allow domestic users to register)
4. Sell coins and withdraw to a bank card
5. Exchange currency and transfer back
But don't choose an exchange OTC
(Of course, if it doesn't work, you can directly use busd to exchange US dollars and then exchange it back)
