Just entering the crypto world? Don't think about leverage, contracts, or those fancy strategies yet. Honestly, spot trading is the only path you should take.
**It's that simple: spend money to buy coins, then wait for the price to go up.**
Your operation is actually the same as grocery shopping at the supermarket. Use fiat currency (RMB, USD) or stablecoins like USDT to directly buy cryptocurrencies like Bitcoin or Ethereum on an exchange. The coins you buy immediately go into your account. What's the logic of making money? Simply buy low and sell high—buy BTC at 50,000 USD and sell at 60,000 USD to make a 10,000 USD profit. Conversely, if the price drops to 40,000 USD and you cut your losses, you lose 10,000 USD. The worst case is the coin price drops to zero, and you lose everything, but you won't go into debt out of nowhere, which is crucial.
**Why must beginners start with spot trading? There are three solid reasons.**
First, zero liquidation risk. You hold real assets. What if the price drops? You can hold and wait for a rebound. No one will forcibly liquidate your position (except in extreme cases like exchange bankruptcy). Futures and leverage are different; even slight price fluctuations can force liquidation, and beginners are most likely to fall into this trap.
Second, directly experience the market. Only by actually trading spot can you feel the real price fluctuations and market sentiment changes. This is the essential way to develop market intuition. Theoretical knowledge alone will never teach you this.
Third, it forces you to learn actively. To make buy and sell decisions, you'll naturally start researching: What exactly is blockchain? What's the difference between BTC and ETH? What is this project doing? This forced learning is actually the most effective.
**Practical operations are not complicated either.**
Choose a reliable mainstream exchange, complete identity verification. Deposit fiat or USDT into your account. Find the trading pair you want to buy (e.g., BTC/USDT), enter the amount or quantity, and confirm the order. The transaction completes in seconds, and the coins go directly into your spot account. When you want to sell, just do the reverse operation.
Don't rush to try complex strategies. First, understand the market rules, your risk tolerance, and trading mindset. Once you've gained real experience, then slowly explore advanced strategies like contracts and grid trading. This way, you're less likely to get caught off guard.