I started with a future earn while a launchpool is generated, all starting from scratch and while this is happening I take the academy courses to learn.
Maitemindua
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💡 First crypto purchase? Keep this in mind before diving in
Buying your first crypto shouldn't be a matter of luck, but of judgment. Here are the key points you should have clear before hitting the “buy” button:
1. Be clear about why you are buying
Is it for the long term? Quick speculation? Without a defined purpose, it’s very easy to make poor decisions. Your goal defines your strategy.
2. Research the minimum necessary
Know what you are putting your money into. What does the project do? Does it have utility, community, backing? You don't need to be an expert, but at least know what you are buying.
3. Evaluate if the current price is favorable
Look at the recent history: Is it more expensive than in recent weeks? Is it in a low zone? Sometimes waiting a few days provides better opportunities.
4. Start with a small and controlled amount
Don’t risk what you are not willing to lose. Your first purchase is more about learning than getting rich. And with what you learn, you can make better decisions later.
5. Never invest without having an exit plan
What will you do if it goes up? And if it goes down? Will you hold or sell at X profit or loss? The market moves quickly and without a plan, chaos takes control.
6. Establish an unbreakable rule from the beginning
Example: “I only invest money that I can afford to lose without affecting my daily life.” That simple rule can protect you more than any technical analysis.
🧠 In summary:
Define your objective → Research the basics → Evaluate the price → Invest little → Have a plan → Follow your personal rule.
This doesn't guarantee you will win, but it does protect you from losing due to ignorance.
📢 What other personal rule do you apply before investing in a crypto? Share your advice for those who are starting! 👇
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.