Market Cap: $2.9589T 0.400%
Volume(24h): $82.7038B 37.880%
Fear & Greed Index:

53 - Neutral

  • Market Cap: $2.9589T 0.400%
  • Volume(24h): $82.7038B 37.880%
  • Fear & Greed Index:
  • Market Cap: $2.9589T 0.400%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How to build a steadily position for beginners after ETH upgrade

The upgrade of Ethereum provides novices with the opportunity to enter, but they need to build positions with caution. Buying in batches, setting stop loss points, and paying attention to market sentiment are stable strategies. Remember to keep account information well.

Apr 10, 2025 at 04:49 pm

The upgrade of Ethereum (ETH) is a grand event in the digital asset field, providing an excellent opportunity for beginner investors. However, the market is volatile and direct investment may face higher risks. This article will provide novices with a stable guide to building positions, helping everyone move forward steadily after ETH upgrade, reduce risks, and safely start their investment journey.

Statement: The digital asset market is risky, and this article is for information reference only and does not constitute any investment advice. Please make careful decisions based on your own situation.

1. Preparation for beginners before building positions

Before starting a position building, be sure to make the following preparations, sharpen the knife and chop the wood:

Understand the basics of ETH:

  • What is ETH? It is a native token of the Ethereum blockchain for payment of transaction fees and participating in network governance.

  • Features of Ethereum: Understand the advantages of Ethereum as a blockchain platform, such as smart contracts, decentralized applications (dApps), etc.

  • The core content of this upgrade: clarify what problems this upgrade mainly solves and what improvements it is expected to bring.

Mainstream Bitcoin Exchanges in 2025:

Choose the right trading platform:

  • Security: Choose a platform with a good security record and reputation.

  • Compliance: Confirm whether the platform operates in compliance with the regulations in your area.

  • Ease of use: Choose a platform with a friendly interface and complete functions to facilitate operation by novices.

  • Processing fee: Compare the handling fees of different platforms and choose a platform with reasonable rates.

Set clear investment goals:

  • Long-term holding: Believe in the long-term value of ETH and plan to hold it for a long time.

  • Band operation: Use price fluctuations to conduct short-term trading.

  • Participate in DeFi: Put ETH into DeFi projects and earn profits.

Assess your own risk tolerance:

  • How much loss can you bear? Determine the maximum amount of losses you can afford and do not exceed this range.

  • Don't invest all your money: only invest part of the money, don't invest all your wealth in ETH.

2. Stable position building strategy

Buy in batches:

  • Don't buy all the funds at once: divide your funds into multiple parts and buy ETH in batches.

  • Buy on dips: Buy when the price falls and reduce the average cost.

  • Buy regularly: Regularly buy a certain amount of ETH regardless of price fluctuations, such as weekly or monthly.

Technical indicator assistance:

  • Moving average: Observe the moving average trend of ETH, such as the 50-day moving average and the 200-day moving average.

  • Relative Strength Index (RSI): The RSI indicator can help you determine whether ETH is overbought or oversold.

  • Moving Average Convergence Divergence (MACD): The MACD indicator can help you determine the trend direction of ETH.

    • Note: Technical indicators are for reference only and cannot be fully relied upon.

Mainly held for a long time:

  • Value Investing: If you believe in the long-term value of ETH, you can hold it for a long time and ignore short-term volatility.

  • Regular re-investment: Use the income obtained to continue purchasing ETH to realize asset appreciation.

Set the stop loss point:

  • Protect principal: Set a stop loss point and automatically sell when the price falls to a certain level to avoid the loss from expanding.

  • Adjust according to volatility: The setting of the stop loss point should be adjusted according to the volatility of ETH.

Pay attention to market sentiment:

  • Avoid FOMO: Don’t buy blindly because you are afraid of missing opportunities.

  • Control FUD: Don’t sell out because of fear, and analyze the market situation rationally.

3. Things to note

  • Keep your account information: do not disclose passwords, mnemonics and other information, and enable two-factor verification (2FA).

  • Choose a secure network environment: Do not trade under public Wi-Fi.

  • Focus on regulatory policies: Understand the regulatory policies of your region for digital assets.

  • Continuous learning: The knowledge in the currency circle is updated and iterated quickly. We must constantly learn new knowledge and improve our cognitive level.

  • Avoid believing rumors: Don’t trust unproven news easily.

4. Summary

The Ethereum upgrade provides newbies with opportunities to participate in the digital asset market, but it also comes with risks. Only by being fully prepared, adopting a prudent position building strategy, and strictly abide by trading discipline can we reduce risks and survive and develop in the currency circle for a long time. I wish you a smooth investment!

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

What are PoW and PoS? How do they affect blockchain performance?

What are PoW and PoS? How do they affect blockchain performance?

Apr 28,2025 at 09:21am

Introduction to PoW and PoSIn the world of cryptocurrencies, the terms Proof of Work (PoW) and Proof of Stake (PoS) are frequently mentioned due to their critical roles in securing and maintaining blockchain networks. Both mechanisms are used to validate transactions and add them to the blockchain, but they operate on different principles and have disti...

What is the Lightning Network? How does it solve Bitcoin's scalability problem?

What is the Lightning Network? How does it solve Bitcoin's scalability problem?

Apr 27,2025 at 03:00pm

The Lightning Network is a second-layer solution built on top of the Bitcoin blockchain to enhance its scalability and transaction speed. It operates as an off-chain network of payment channels that allow users to conduct multiple transactions without the need to commit each transaction to the Bitcoin blockchain. This significantly reduces the load on t...

What is zero-knowledge proof? How is it used in blockchain?

What is zero-knowledge proof? How is it used in blockchain?

Apr 27,2025 at 01:14pm

Zero-knowledge proof (ZKP) is a cryptographic method that allows one party to prove to another that a given statement is true, without conveying any additional information apart from the fact that the statement is indeed true. This concept, which emerged from the field of theoretical computer science in the 1980s, has found significant applications in t...

Which of the top ten virtual currency trading platforms is the latest ranking of cryptocurrency trading platforms apps

Which of the top ten virtual currency trading platforms is the latest ranking of cryptocurrency trading platforms apps

Apr 26,2025 at 11:57pm

Which of the top ten virtual currency trading platforms is the latest ranking of cryptocurrency trading platforms apps When choosing a digital currency trading platform, it is crucial to consider factors such as user experience, security, transaction volume and currency support. The following is the ranking of the top ten digital currency trading platfo...

Top 10 digital currency exchange platforms recommend digital currency exchanges

Top 10 digital currency exchange platforms recommend digital currency exchanges

Apr 26,2025 at 01:00pm

In the cryptocurrency space, choosing a reliable trading platform is crucial. This article will introduce the latest rankings of the top ten exchanges in the currency circle in detail, and will explore the characteristics and advantages of each platform in depth. These rankings are selected based on many factors such as user experience, security, and tr...

Top 10 Virtual Currency Free Market Viewing Software Rankings of Top 10 Virtual Currency Exchanges in 2025

Top 10 Virtual Currency Free Market Viewing Software Rankings of Top 10 Virtual Currency Exchanges in 2025

Apr 25,2025 at 09:21pm

In the cryptocurrency market, it is crucial to choose a reliable and powerful exchange app. This article will provide you with a detailed analysis of the top ten virtual currency exchange rankings in 2025 to help you better understand the top platforms in the market. Binance Binance is one of the world's leading cryptocurrency exchanges, known for i...

What are PoW and PoS? How do they affect blockchain performance?

What are PoW and PoS? How do they affect blockchain performance?

Apr 28,2025 at 09:21am

Introduction to PoW and PoSIn the world of cryptocurrencies, the terms Proof of Work (PoW) and Proof of Stake (PoS) are frequently mentioned due to their critical roles in securing and maintaining blockchain networks. Both mechanisms are used to validate transactions and add them to the blockchain, but they operate on different principles and have disti...

What is the Lightning Network? How does it solve Bitcoin's scalability problem?

What is the Lightning Network? How does it solve Bitcoin's scalability problem?

Apr 27,2025 at 03:00pm

The Lightning Network is a second-layer solution built on top of the Bitcoin blockchain to enhance its scalability and transaction speed. It operates as an off-chain network of payment channels that allow users to conduct multiple transactions without the need to commit each transaction to the Bitcoin blockchain. This significantly reduces the load on t...

What is zero-knowledge proof? How is it used in blockchain?

What is zero-knowledge proof? How is it used in blockchain?

Apr 27,2025 at 01:14pm

Zero-knowledge proof (ZKP) is a cryptographic method that allows one party to prove to another that a given statement is true, without conveying any additional information apart from the fact that the statement is indeed true. This concept, which emerged from the field of theoretical computer science in the 1980s, has found significant applications in t...

Which of the top ten virtual currency trading platforms is the latest ranking of cryptocurrency trading platforms apps

Which of the top ten virtual currency trading platforms is the latest ranking of cryptocurrency trading platforms apps

Apr 26,2025 at 11:57pm

Which of the top ten virtual currency trading platforms is the latest ranking of cryptocurrency trading platforms apps When choosing a digital currency trading platform, it is crucial to consider factors such as user experience, security, transaction volume and currency support. The following is the ranking of the top ten digital currency trading platfo...

Top 10 digital currency exchange platforms recommend digital currency exchanges

Top 10 digital currency exchange platforms recommend digital currency exchanges

Apr 26,2025 at 01:00pm

In the cryptocurrency space, choosing a reliable trading platform is crucial. This article will introduce the latest rankings of the top ten exchanges in the currency circle in detail, and will explore the characteristics and advantages of each platform in depth. These rankings are selected based on many factors such as user experience, security, and tr...

Top 10 Virtual Currency Free Market Viewing Software Rankings of Top 10 Virtual Currency Exchanges in 2025

Top 10 Virtual Currency Free Market Viewing Software Rankings of Top 10 Virtual Currency Exchanges in 2025

Apr 25,2025 at 09:21pm

In the cryptocurrency market, it is crucial to choose a reliable and powerful exchange app. This article will provide you with a detailed analysis of the top ten virtual currency exchange rankings in 2025 to help you better understand the top platforms in the market. Binance Binance is one of the world's leading cryptocurrency exchanges, known for i...

See all articles

User not found or password invalid

Your input is correct