The crypto market is exciting, but also wild — and only the smart and prepared survive. Whether you're a trader, HODLer, or content creator, these 10 golden rules will prevent you from becoming a statistic:


1️⃣ Never Invest What You Can't Afford to Lose

  • Crypto is volatile. Never use rent money, bills, or loans.

  • Basic rule: Only risk 1%-5% of your wealth in speculative coins.

2️⃣ Do Your Own Research (DYOR)

  • Don't blindly follow influencers or Telegram groups.

  • Check:

    • Project utility (real solution or just hype?).

    • Team (anonymity = 🚩).

    • History (has it suffered hacks? Audited?).

3️⃣ Diversify, But Don't Turn It into a Zoo

  • Holding BTC + ETH is essential (safe base).

  • Altcoins? Choose 3-5 projects with fundamentals.

  • Avoid: Wallet with 50 random coins.

4️⃣ Use Cold Wallets for Large Amounts

  • Exchanges can fail (FTX, Celsius…).

  • Hardware wallets (Ledger, Trezor) are gold for long-term holders.

5️⃣ Ignore the "Get Rich Quick" Schemes

  • If someone promises "100x in a week," it's a scam.

  • Beware of:

    • VIP signal groups.

    • Projects with "guaranteed returns."

6️⃣ Learn Basic Technical Analysis

  • You don't need to be an expert, but understand:

    • Support/Resistance.

    • Moving averages (50 and 200 days).

    • Avoid FOMO: Buying at the top = guaranteed pain.

7️⃣ Stay Updated (Without Becoming a News Slave)

  • Follow:

    • Macro events (Fed, Bitcoin halving).

    • Network updates (e.g., Ethereum upgrades).

  • Ignore: Twitter/X noise (90% is speculation).

8️⃣ Have an Exit Plan

  • Set profit targets and stop-loss before entering.

  • Example:

    • Bought BTC at 30k? Sell 20-30k? Sell 20-40k.

    • Stop-loss at -15% to avoid bag holding.

9️⃣ Beware of Scams

  • Common scams:

    • Fake wallets (fake apps on the Play Store).

    • Phishing (cloned emails/links).

    • Suspicious airdrops ("send 0.1 ETH to receive 10 ETH").

  • Learn more about our article: Frauds in the crypto market

🔟 Psychology > Technique

  • Fear and greed destroy portfolios.

  • Tip:

    • If in doubt, do not operate.

    • Delete apps in moments of panic (avoid selling at a loss).

Bonus: The Most Important Rule

"If you can't explain the project in 2 sentences, you shouldn't invest in it."

The crypto market is not a casino — it's strategic survival. Follow these tips, and you'll be ahead of 95% of emotional "investors."

@PolonesCripto

Crypto assets without crypto complications