Bitcoin Breaks $100,000 Mark, Setting a New Historical High! Over Ten Million Times Increase in Ten Years, Blockchain Technology Creates a Wealth Myth#
You must have heard stories of people around you achieving financial freedom through Bitcoin and Dogecoin. Are you also eager to try but don’t know where to start? Can you trade domestically? Do Alipay and WeChat support it? How can you exchange RMB? Is the process complicated? What documents are needed? Is wallet installation necessary? How much is suitable for first-time investment? How to grasp the timing for buying and selling? How to safely withdraw profits after earning?...
This article will teach you how to start your journey in cryptocurrency investment in the simplest way possible, so even an eighty-year-old can easily master it!
Table of Contents#
- Three-Step Quick Guide to Buying Bitcoin
- Full Analysis of Bitcoin Investment Return Potential
- In-Depth Evaluation of Mainstream Exchanges
- Complete Process Demonstration for Purchasing with RMB
- Best Entry Timing Analysis for 2024
- Strategies for High Price Levels
- Authoritative Interpretation of Policies and Regulations
- Ultimate Guide to Asset Security
- Experience Sharing on Withdrawal Operations
How to Buy Bitcoin in Three Steps? {#how-to-buy-bitcoin-in-three-steps}#
Step One: Select a Compliant Trading Platform#
Due to adjustments in domestic policies, currently, only the following four compliant exchanges that support mainland users remain:
- OKX (Register Now for New User Benefits) - Preferred direct connection for mainland
- Binance (Register at the World's Largest Exchange) - Requires VPN
- Bitget (Register at Emerging Dark Horse Platform) - Preferred for contract trading
- Gate.io (Entry to Established Exchange) - Preferred for spot trading
Policy Interpretation: According to the latest judicial interpretation from the People's Court Daily on December 7, 2024, virtual currencies are recognized as digital assets with use value and exchange value. Personal holding of cryptocurrencies has never been classified as illegal, and exchanges ensure compliant operations through real-name authentication, facial recognition, and other risk control measures.
Step Two: Quick Registration and Authentication Process#
Recommended Registration Order: OKX > Binance > Bitget > Gate > Huobi
Authentication Notes:
- Supports registration with mainland mobile/ email
- Must complete real-name authentication with ID card
- Some platforms require VPN usage
- Review can be completed on the same day
Features of the Four Platforms:
- OKX: Exclusive Blind Box Benefits for New Users | Backup Link
- Binance: Enjoy Lifetime Fee Discounts
- Bitget: Zero Threshold Experience for Contract Trading
- Gate.io: Best Depth for Spot Trading
Step Three: Practical Demonstration of Purchasing with RMB#
- Download the official APP (Apple users need an overseas Apple ID)
- Enter the "C2C Quick Trading" interface
- Select the USDT trading pair
- Complete fiat currency exchange via Alipay/WeChat/bank card
- Purchase Bitcoin in the spot market
Can You Make Money Buying Bitcoin? How Big is the Expected Return? {#can-you-make-money-buying-bitcoin-how-big-is-the-expected-return}#
- Anti-Inflation Property: Fixed total supply of 21 million coins
- Historical Return Rate: Achieved a ten million times increase over ten years
- Volatility Characteristics: Be prepared for a 50%-80% drawdown
- Investment Strategy: It is recommended to use a pyramid accumulation method
Is It a Good Time to Buy Bitcoin Now? What is the Best Buying Timing? {#is-it-a-good-time-to-buy-bitcoin-what-is-the-best-buying-timing}#
- Buying Signal: Start building positions when it retraces 50% from historical highs
- Full Position Timing: Heavily invest when the price drops 80%
- Capital Management: Enter with small amounts, and build positions with larger amounts in batches
- Regular Investment Strategy: Start regular investments at the $20,000 mark
What to Do if Bitcoin Price is Too High? {#what-to-do-if-bitcoin-price-is-too-high}#
- Minimum Trading Unit: Supports purchases of 0.00000001 BTC
- Flexible Investment: Start investing from 10 yuan, with no capital threshold
- Regular Fixed Amount: Use weekly/monthly fixed investments to reduce volatility impact
Didn’t China Ban Digital Currency Trading? How Can It Still Be Purchased? {#didn-t-china-ban-digital-currency-trading-how-can-it-still-be-purchased}#
- Policy Clarification: Banning exchange operations ≠ banning personal investment
- Compliant Path: Overseas exchanges serving mainland users are legal
- Risk Control Measures: Real-name authentication + facial recognition for double protection
- Risk Warning: Strictly prohibit leveraged borrowing operations
Is It Safe to Buy Bitcoin? Will It Scam? How to Store It? {#is-it-safe-to-buy-bitcoin-will-it-scam-how-to-store-it}#
- Exchange Selection: TOP 5 platforms have transparent capital reserves
- Cold and Hot Wallets: Store small assets in exchanges, transfer large amounts to hardware wallets
- Security Measures: Enable Google verification + fund password
Is It Troublesome to Withdraw Money After Making Money in the Crypto Circle? {#is-it-troublesome-to-withdraw-money-after-making-money-in-the-crypto-circle}#
- Withdrawal Testing: For a single transaction under 50,000 with a Bank of Communications card, funds arrive within 10 minutes
- Risk Control Response: If the account is frozen, cooperate with bank verification
- Experience Sharing: No obstacles in withdrawals every month since 2014
Risk Warning: The cryptocurrency market is highly volatile. It is recommended for beginners to adopt a "tuition strategy" — the first investment should not exceed 10% of monthly income, and consider increasing positions only after experiencing three or more total losses. I have not added new funds in the past three years and have achieved continuous profits through a stable strategy.
Taking action now is better than a thousand empty thoughts! Click the links below to start your cryptocurrency investment journey:
Official Registration Channel for OKX
Exclusive Registration for Binance Global Site
Further Reading#
- 2025 Global Top Ten Exchanges Authority Ranking
- Real Wealth Stories in the Crypto Circle: Insights from 11 Million to 100,000 in Debt
Popular Searches#
Bitcoin Purchase Guide | Presidential Coin Investment | Tony Trading Principles | Domestic Compliant Exchanges | OKX Registration Tutorial | Binance APP Download | RMB Purchase Guide | Contract Trading Introduction | Defi Mining Guide | Web3 Airdrop Strategy | NFT Investment Guide | Node Staking Returns | Liquidation Risk Control | Path to Financial Freedom
Disclaimer: This article does not constitute investment advice. The market has risks; investment requires caution.