What to Do:
Start Small
Invest only what you can afford to lose. Crypto can be risky.
Do Your Research (DYOR)
Learn about the project before you buy any coin. Check its use case, team, and community.
Use Trusted Platforms
Buy and trade crypto on well-known, secure exchanges like Coinbase, #Binance or Kraken.
Use a Wallet
For extra safety, keep your crypto in a private wallet (hardware or software), not just on exchanges.
Stay Updated
Follow news, trends, and updates. Crypto changes fast!
Enable Security
Use two-factor authentication (2FA) and strong passwords. Stay alert for scams.
What to Avoid:
Don’t Fall for Hype
Just because something is trending doesn't mean it’s a good investment.
Avoid Scams
Never share your private keys. Be careful of fake websites and offers that sound too good to be true.
Don’t Panic Sell
Prices go up and down. Don’t rush to sell during dips out of fear.
Avoid Meme Coins Without Research
Some may pump fast, but most crash hard. Know what you're getting into.
Don’t Borrow to Invest
Never take loans or use credit cards to buy crypto.
Crypto Short Forms: Must-Know Terms:
DYOR – Do Your Own Research
HODL – Hold On for Dear Life
FOMO – Fear Of Missing Out
FUD – Fear, Uncertainty, Doubt
ATH – All-Time High
ATL – All-Time Low
P2P – Peer to Peer
DeFi – Decentralized Finance
NFT – Non-Fungible Token
Volatile – Big price ups & downs
Final Tip: Be patient. Good things take time. Learn slowly and grow wisely.
#CryptoTips #CryptoForBeginners #hodl #CryptoNews67
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