Bitcoin Breaks $100,000 to Set a New Historical High! A Ten-Year Increase of Millions of Times, the Blockchain Miracle Reappears#
You may have heard stories of people around you becoming wealthy through Bitcoin and Dogecoin. Do you also want to try but don't know where to start? Is trading possible domestically? Do Alipay and WeChat support it? How to operate with RMB? What preparations are needed? This article provides answers in the simplest way, so even an eighty-year-old can easily understand.
Table of Contents#
- Three-Step Guide to Buying Bitcoin
- Comprehensive Analysis of Investment Returns and Risks
- Authoritative Guide to Choosing Exchanges
- Practical Tutorial for Buying with RMB
- Strategies for Accurately Grasping Investment Timing
- High Price Response Plan
- In-Depth Interpretation of Policy Compliance
- Asset Security and Custody Guide
- Complete Manual for Withdrawal Process
How to Buy Bitcoin in Three Steps?#
Step 1: Choose a Compliant Exchange#
The compliant trading platforms currently available for domestic investors mainly include:
Policy Notice: On December 7, 2024, the People's Court Daily clarified that virtual currencies have commodity attributes, and personal holdings and transactions are protected by law. Exchanges have achieved regulatory data connection, and registration requires real-name authentication + facial recognition.
Step 2: Account Registration and Verification#
Recommended registration priority:
- OKX (supports direct connection to mainland)
- Binance (international version requires network tools)
- Bitget (emerging platform with many benefits)
Registration Benefits:
- OKX New User Package: Register Now
- Binance Fee Reduction: Exclusive Channel
- Bitget New User Benefits: Click to Open an Account
Step 3: Practical Operation for Buying with RMB#
- Download the official APP (Apple users need an overseas Apple ID)
- Enter the "Quick Buy" channel
- Choose Alipay/WeChat/bank card payment
- Exchange for USDT (1:7 exchange rate example)
Can You Make Money Buying Bitcoin? How Big Are the Expected Returns?#
Historical Data Reference:
- 2013: $100 → 2024: $100,000
- Typical volatility cycle: a 50-80% pullback from the peak is normal
- Annualized return for dollar-cost averaging strategy: average 237% from 2016-2024
China Policy Compliance Guide#
According to the latest judicial interpretation:
✅ Personal holding of digital currencies is legal
✅ Trading on overseas platforms is protected
❌ Institutions are prohibited from conducting exchange business
Buying Currency Notice:
- Use overseas registered platforms (such as OKX/Binance)
- Complete KYC real-name authentication
- Recommended single transaction ≤ 50,000 RMB
Asset Security and Withdrawal Guide#
Custody Plan:
- New users are advised to store in exchanges
- Use hardware wallets for large assets
- Enable two-factor authentication (2FA)
Withdrawal Testing:
- Mainstream banks like China Merchants Bank/Construction Bank arrive within 10 minutes
- Monthly average withdrawal of 50,000-100,000 without risk control records
- If the account is frozen, cooperate with the bank to provide transaction records
Essential Advice for Newcomers#
- Initial investment ≤ 5% of disposable assets
- Complete 3 full buy-sell cycles first
- Establish a stop-loss strategy (suggested 20%)
- Pay attention to policy dynamics and industry news
Risk Warning: Cryptocurrencies are high-risk investments. The 2023 industry explosion involved $12 billion; please act within your means.
Further Reading#
- 2025 Global Top Ten Exchanges Authoritative Ranking
- Real Wealth Stories in the Crypto Circle: From Millions to Debt Revelation
Take Action Now: Register now at OKX to receive a $600 new user package and start your crypto investment journey!