1️⃣ Quick profit is a big lie
Crypto isn't a money-making printer. People enter the market hoping to make millions overnight, but the reality is that most people lose money as soon as they enter because they're greedy and enter haphazardly and without a plan.
✅ A billion-fold advice: the first (double profit) you achieve from any deal, withdraw your capital.
2️⃣ Not every currency will “explode” and rise.
99% of coins are empty projects or copies of other projects with no real benefit. Don't invest just because you see people posting about them. Learn how to read the project whitepaper, its economics, and the true benefit behind the coin.
✅ If you can profit from failing currencies, that's great. You're in the field for profit. But investing is a different matter.
3️⃣ The market has no mercy on emotions
If you let fear and greed control you, you will sell at a loss and buy at the peak. You must have an entry and exit plan, not follow your feelings or Twitter tweets.
✅ Have a plan to follow and divide your portfolio regularly. I explained how to divide your portfolio correctly and in great detail on my YouTube channel.
4️⃣ Cold wallet or platform?
If you plan to hold your coins for a very long time, a cold wallet is a good option. If your coins are for trading purposes, keep them on the platform.
✅ Use cold wallets with extreme caution, as they are not intended for beginners. You could burn your coins if used incorrectly.
5️⃣ Education is the most important investment
Before you buy any currency, invest some time in learning these basics:
• What is blockchain?
• How do you evaluate a project?
• What is meant by currency supply, quota dissolution, and tokonomics?
✅ All these things are explained on my YouTube channel.
