“Know what you own and know why you own it.” - Peter Lynch
Did you know? We divide crypto into "Coins" and "Tokens", and the difference between them is not so obvious.
🔸 Coin - e.g. $BTC is, simply put, a real cryptocurrency built on its own code and behaves somewhat differently on the exchange than Tokens.
I recommend looking for more information.
🔹 Token - e.g. $PEPE or $BTTC are creations based on the code/engine of Coins; anyone of us can create our own Token for around $500-2500.
Typically, when the value of a Coin drops, regardless of everything, the value of the Token built/based on that Coin also drops.
▫️ It is worth investing in Coins; putting the right amount at the right time and leaving it alone should not incur any losses.
