DEAR CRYPTO NEWBIES,
I’m sure you’ve heard a lot ‘bout assets diversification.
“Diversify your assets”, “diversify your assets”, we say. But I say to you, do not be naive when you’re new to the game. Now, this is the plot: pick a renowned asset, say $BTC or $ETH and make your first few buys. Use that asset to test-run the market. Abreast yourself with market dynamics and continue grow both your knowledge and your asset.
When you’re fully convinced that you can take certain type of risks, explore further, but be mindful of minimising risks.
Then, graduate to learn about other coins and know their relevance. Do not jump into panic-buying because of sheer hype. You’ll be f*cakes before you even know it.
As you grow in knowledge, you can now diversify.
Remember always to DYOR.