đHere is my four years advice to crypto beginners đ
I wish I had known this before putting my money into crypto
Entering the crypto world is excitingâbut without the right knowledge, it can also be dangerous. Many beginners lose money simply because they jump in blindly. If you want to succeed, here are 10 lessons you must know before putting your hard-earned money into crypto:
1ď¸âŁ Crypto is Risky â Only Invest What You Can Afford to Lose
Never invest money meant for rent, food, or emergencies. Prices can swing wildly.
2ď¸âŁ Do Your Own Research (DYOR)
Donât buy coins just because someone on social media told you to. Study the project, its team, use case, and community.
3ď¸âŁ Avoid FOMO (Fear of Missing Out)
Rushing in because of hype often leads to buying at the top. Stay patientâopportunities always come.
4ď¸âŁ Security First â Protect Your Wallets
Use trusted wallets, enable 2FA, and never share your private keys or seed phrase.
5ď¸âŁ Beware of Scams & Fake Promises
If it sounds too good to be true (e.g., guaranteed profits), itâs probably a scam.
6ď¸âŁ Start Small & Learn as You Go
Test with small amounts before making bigger investments.
7ď¸âŁ Understand Volatility
Crypto prices can crash or pump 50% in a day. Prepare emotionally for ups and downs.
8ď¸âŁ Diversify Your Portfolio
Donât put all your money in one coin. Spread it across different projects.
9ď¸âŁ Think Long-Term
Quick flips can work, but big wealth often comes from holding strong projects over time.
đ Stay Updated
Follow crypto news, updates, and market trendsâknowledge is your best weapon.
â In crypto, patience + knowledge = profit. Learn before you leap, and never stop improving your skills.
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