Hello community! 👋
In today's publication, we will focus on some points that, from my experience, are key to having a clearer idea in this wonderful world of cryptocurrencies. But one thing must be taken into account, and that is that this world, despite offering a lot, can also play a bad trick on you if you don't enter prepared.
If you are a beginner, take note of each of these points. If you've been at this for a while, take a look and... I invite you to participate! 😉
Having said that... Let's get started! 😁
List of the 10 tips:
Only invest amounts you don't need.
Never use money that you need for your monthly expenses or for day-to-day.
Research before investing.
Trends in this sector are very dangerous; before investing, find out where your money is going.
Diversify your portfolio.
Distribute your investment as you learn.
Set goals.
If you go in blind, you will end up lost; start with long-term goals, and then add more short-term ones.
Don't let FOMO get to you.
If at any moment fear or uncertainty enters you, the best thing you can do is stop, breathe, research, and then make decisions.
Use secure wallets.
If you are going to make long-term investments, your best ally will be external wallets "Cold Wallets". This way you will avoid the risks of losses due to hacking or platform issues and you will have your assets "safe and sound".
In case of trading or anything short-term, use "Hot Wallets" that have the highest possible security.
Maximum importance in staying informed.
Even if the information is minimal, it will help you take possible preventive actions.
Distribute your purchases in a staggered manner.
Once you are going to buy, analyze the price and conclude whether it is better to buy now or wait for a drop.
Patience is key.
Very easy, don't fear the drops, stay calm and remember that the market is highly volatile.
Learn from mistakes.
I see many people self-deprecating or writing "bad-mannered" content about the project or giving "wonderful" words to the platform, but learning from your own mistakes is the best way to learn. Do you make a mistake? No problem, what you need to do is ask yourself: What did I do wrong? Why? How can I do it so that it doesn't happen again? And keep moving forward.
And that's it, dear reader, the list of tips ends here, which for me are some of the most important.
I hope this helps you; if you have any questions about any point, don't hesitate to write to me, I will be happy to respond. 💪
Share so that more people have access to these tips. 😁