2026-01-21 11:25:09

Want to get into the cryptocurrency space but don't know where to start? Don't worry, I’ve summarized a step-by-step approach based on my own experience to help you gradually deepen your understanding while protecting your principal.

**First 3 Months: Build a Foundation and Adjust Your Mindset**

First, admit that making money in the crypto world is not a get-rich-quick game. My advice is to thoroughly understand the basics during this initial phase. Find some systematic courses to learn from, such as blockchain and digital currency courses offered by well-known universities. There are also relevant courses from top international schools on Coursera, which can help you establish a solid cognitive framework.

The preparation work is simple—open an exchange account and spend some time familiarizing yourself with the interface. The key is to only use spare money for testing; I recommend starting with 1% of your total funds or treating it as tuition. Really, don’t worry if you lose money at this stage, because what you learn is more valuable than money.

**Next 3-6 Months: Practical Experience and Accumulation**

Now you can start actual trading. It’s best to begin with mainstream coins—Bitcoin (BTC) and Ethereum (ETH)—which have the longest history and strongest consensus, with risks significantly lower than those of smaller altcoins.

Adopting a dollar-cost averaging (DCA) approach is especially crucial. Buy at fixed times and amounts weekly or monthly. This way, you naturally buy more when prices are low and less when prices are high, completely avoiding the old trap of chasing highs and selling lows. Your mindset will also become more stable.

At the same time, learn to categorize your funds—separate investment capital, emergency reserve funds, and insurance funds. This is truly helpful for overall risk control. It’s not just an investment technique but also a way to train your thinking.

BTC0,71%

ETH1,11%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

BlockchainArchaeologist

· 55m ago

DCA (Dollar Cost Averaging) into BTC and ETH is indeed more stable than chasing those shitcoins, which can spike your blood pressure.

View OriginalReply0

MidnightMEVeater

· 1h ago

Good morning everyone, at 3 a.m. I saw this old rhetoric again... dollar-cost averaging? Mindset? Sounds nice, but in reality, you're slowly being attacked by a sandwich attack in a liquidity trap. That 1% "tuition fee," the robot playground has long calculated your gas war costs, and miner tips are the real plunder chain. Categorized fund management... interesting, but no one tells you how those midnight arbitrage folks precisely target your price impact through dark pool trading, right? Stable mindset? Ha, when the real bear market arrives, you'll learn what a bloody lesson in time cost is. --- They say step by step, but actually, you're just waiting to become a liquidity provider for robots. --- It's that fairy tale of "starting from 1%," but no one has ever talked about the truth of arbitrage ranges. --- Coursera courses can't teach you how to survive, they only make you die a little slower. --- Dollar-cost averaging, dollar-cost averaging, sounds like reciting a spell. Wake up, everyone, your orders have already been wiped out by price impacts. --- "What you learn is more valuable than money"... uh, can those things pay for gas fees?

View OriginalReply0

BearMarketMonk

· 20h ago

Ah... it's that "tuition fee theory" again. I've seen too many people disappear after paying their tuition fees. Dollar-cost averaging sounds very Zen... but once the market cycle turns, all the mental training is useless. The real survival rule is actually just one: don't get trapped by your own cognitive framework.

View OriginalReply0

probably_nothing_anon

· 20h ago

Dollar-cost averaging into BTC and ETH is indeed the most stable strategy, much more reliable than those small altcoins.

View OriginalReply0

ForkLibertarian

· 20h ago

Dollar-cost averaging into BTC and ETH is really a lifesaver for beginners, much more reliable than blindly messing around with altcoins. Wait, managing fund categories is indeed important; otherwise, it's easy to lose everything with a little misstep. It sounds very systematic, but honestly, the crypto world is still a gamble with a nine out of ten chance of losing; mindset is the key. The 1% testing suggestion is good; anyway, just consider it as paying tuition. Dollar-cost averaging can help you escape emotional trading; I agree with that. Those courses on Coursera feel too basic; I still need to check out more community discussions. The overall process looks quite correct, but the key is to hold on and not be scared by a sudden price plunge. You're right, but how many people can actually execute it?

View OriginalReply0

TestnetFreeloader

· 20h ago

Dollar-cost averaging is truly a must-have for lazy investors. Buying in at low prices and naturally selling at high prices means you don't have to watch the market at all.

View OriginalReply0