For newcomers to Web3, it may be confusing to know where to start learning Web3 basics and how to gain a foothold in the industry. In this regard, Bitwu.eth, a crypto KOL, tweeted his insights to help newcomers to Web3 to show the way, which BlockBeats organized as follows
STEP 1: Build a serious foundation
First, read the BTC and ETH white paper honestly, which is the foundation for understanding the cryptocurrency world. After you have a certain understanding, keep this habit, and then read some popular public chains, such as Aptos, Layer2 track Optimism and Odyssey's white paper, reading white papers is the most basic and effective.
Read about 100 of them and you'll be better than 90% of the big V's on Twitter. You can't rush this time!
STEP 2: Build a quality information flow
After building a solid foundation, you will establish your own quality information flow, for example, you see a very powerful analysis of the article, we must promptly check the source of the article, the author of the source, to build a library of information flow, so that the follow-up continue to see. In a word, more reading, more filtering, timely aggregation for their own efficient information flow!
After mastering a certain body of knowledge, you need to go through these channels to collect information useful for your own investment, and then drill down by heart to find the correlation between them, and strive to integrate! Use Twitter and some of the above tools, news, for most people is certainly enough. But must not be shallow, you need to dig deep, do not understand the place must drill to ask!
As a newcomer, in addition to Twitter, recommend some common content platforms to help you quickly establish their own information flow:
foresightnews.pro
theblockbeats.info
panewslab.com
STEP 3: Prototype And Keep Going On The Pit
The core of the transaction is trial and error, without stepping on the pit to get a foothold is impossible, others' lessons are just others', you can not empathize, contracts, dirt dogs, cottages are played once. It is recommended that they set aside a small part of the amount of money acceptable to zero, constantly to step on, stepped on, pain, regret, reflection, fear of the market, fear of risk, thereafter your road will be a lot smoother.
STEP 4: Timely Review, Make A Habit
My habit is that every time I make an investment, I write down why I went to invest, about how much profit, loss withdrawal or other plans, and so on out of the results, after the analysis. Compare the ideas and plans before investing, why can make money? Why will lose money? Which step can be optimized? This step is crucial, you want to keep growing, not a gambler, it is important to maintain the habit of replay.
STEP 5: Trading System, Principles To Establish
Drivers can't anticipate road conditions before they go out, but they can rely on their driving skills and experience to do so without being surprised by the chaos. Although investors can not fully anticipate the future changes in the market, but according to their own experience and technology to try to resolve the risks accumulated over time, once these experiences and techniques set, it means that investors have established their own trading system.