AI-generated summary
### Digital Currency Investment Knowledge Manual
#### 1. Basic Characteristics of Digital Asset Trading
- **24/7 Trading**: Continuous trading without holidays.
- **No Price Limits**: Daily price fluctuations can exceed 20%.
- **Micro Transactions**: Minimum purchase starts at 0.0001 BTC (approx. 0.6 RMB).
- **Instant Trading**: T+0 model allows immediate selling after purchase.
- **Flexible Fund Management**: Withdraw funds anytime, enhancing liquidity compared to traditional markets.
**Caution for Beginners**: Choose reputable exchanges, prioritize top industry platforms.
#### 2. Core Investment Guidelines for Beginners
- **Basic Asset Allocation**: BTC and ETH as foundational assets.
- **Asset Classification**:
- General Currency (BTC)
- Platform Ecosystem (ETH)
- Application Scenario (SC)
- Stable Asset (USDT)
- Equity Dividend (BNB)
- **Trading Channel Warning**: Use certified platforms for OTC trades; be cautious with private transactions.
#### 3. Terminology Explained
- **Position Management**: Full position (100% investment), partial liquidation, heavy position (>50% asset), light position (cash reserve).
- **Risk Control**: Profit-taking, loss-cutting, and going fully cash.
- **Market Cycles**: Bull market (upward trend), bear market (downward trend).
#### 4. Asset Security Protection Guide
- **Exchange Risks**: Major platforms may have security vulnerabilities; smaller platforms carry higher risks.
- **Storage Options**:
- Software Wallet: Convenient but less secure.
- Hardware Wallet (e.g., OneKey): Offline storage with bank-level protection.
- **Security Advice**: Store large assets in cold wallets; keep only necessary funds on exchanges.
#### Further Reading
- Top 10 Digital Asset Trading Platforms in China 2025.
- Lessons from a seasoned trader's journey from profit to debt.
