Crypto market skill tree from beginner to advanced guide:

1. Basic Layer: Strengthening the Foundation of Cognition

- Market Knowledge: First, understand the core concepts, such as the decentralized nature of blockchain, types of encrypted currencies (public chain coins, stablecoins like USDT, platform tokens, etc.), and the differences between exchanges and wallets. It is recommended to start practical operations from compliant platforms like *Bi*yaP*ay, by depositing a small amount of USDT to experience the transfer process, and to intuitively understand key terms like "wallet address" and "private key."
- Compliance and Security Awareness: It is essential to understand how to identify compliant platforms (check for licenses such as US MSB, Singapore MAS, etc.), the importance of KYC certification, and the usage scenarios of cold wallets and hot wallets. *Bi*yaP*ay's "Security Center" can help you quickly familiarize yourself with basic protective operations like two-factor authentication and device management, which is the first line of defense against financial risks.

2. Operating Level: Proficient Trading Tools

- Deposit and withdrawal skills: Learn to quickly switch between fiat and encryption currencies using the "Flash Exchange" function of *Bi*yaP*ay, and observe the impact of real-time exchange rate fluctuations on costs. Master the details of on-chain transfers: check the first 4 and last 4 digits of the address, save the transaction hash for tracing, and avoid operational errors that could lead to asset loss.
- Trading platform functionality application: Familiarize yourself with the difference between limit orders and market orders, and learn to set take profit and stop loss. *Bi*yaP*ay's market charting tools can help you analyze price trends, and beginners can start with simulated trading to practice the operational logic under different market sentiments.

3. Analysis Layer: Establishing a Judgment Framework

- Fundamental Analysis: Focus on the project's white paper, team background, and the frequency of technical updates to assess the long-term value of the cryptocurrency. For example, track mainstream coin dynamics through *Bi*yaP*ay's information section to understand the impact of regulatory policies on the market.
- Introduction to Technical Analysis: Master basic indicators like MACD and RSI, and understand support and resistance levels on candlestick charts. There is no need to pursue complex models; first, learn to identify trend lines to avoid blindly entering during a clear downtrend.

4. Risk Control Layer: Safeguarding the Capital Security Line

- Position Management: Follow the principle of "Don't put all your eggs in one basket" by dividing funds into three parts: spot, dollar-cost averaging, and emergency. The asset holding page of *Bi*yaP*ay clearly displays the proportion of various assets, helping you dynamically adjust your allocation.
- Risk warning mechanism: Develop a habit of checking the account security log daily. *Bi*yaP*ay will record information such as login devices and trading IPs, and will immediately freeze the account if any anomalies are detected. At the same time, set price alerts to avoid missing stop-loss opportunities due to severe market fluctuations.

5. Continuous Learning: Maintain Iterative Capability

The crypto market changes rapidly, so it is necessary to regularly pay attention to industry trends (recommended *Bi*yaP*ay's science column), participate in online seminars, and exchange experiences with other users. Remember: the core of the skill tree is not to "max out" all points, but to find a trading rhythm that suits you under the premise of security and compliance—just like when using *Bi*yaP*ay for deposits and withdrawals, stable operating habits are far more important than flashy techniques.