🚀 New to Crypto? 10 Key Tips to Survive (and Win) in 2024
The crypto market is exciting, but without a strategy, it can be dangerous. Here are the golden rules that every investor should follow:
✅ Never Invest What You Can't Afford to Lose
Cryptos are volatile. If you need that money in 6 months, don't risk it!
✅ Do DCA (Dollar-Cost Averaging)
Buy small amounts every week/month (e.g., $50 in BTC). Reduce the risk of entering at peaks.
✅ Beware of Altcoins "Moonshots"
90% of projects fail. Only invest in what you understand (Tokenomics? Team? Real use?).
✅ STOP-LOSS is Your Best Friend
If you buy on Binance Futures, set your loss limit before entering.
✅ Ignore FOMO (Fear Of Missing Out)
If everyone is talking about a coin, it’s usually too late. Research before jumping in.
✅ Follow the Smart Money
Monitor whale addresses on Etherscan or Whale Alert.
✅ Diversify, but Not Too Much
5-10 well-chosen assets > 100 shitcoins with no future.
✅ Be Prepared for Volatility
If BTC drops 20%, don't panic. It's normal in crypto.
✅ HODL Doesn't Mean "Forget"!
Review your investments every 3 months. Is the project still alive? Are there key news updates?
🔥 Bonus Pro:
Use the 1% Rule: Never risk more than 1% of your capital on a single trade.
Learn TA (Technical Analysis): Support/resistance on TradingView will save you from mistakes.
📌 What is your #1 tip for newcomers in crypto? Share below!
🎁 Would you like a thread on how to identify SCAMS in crypto? Let me know in the comments!
(🔔 Follow me for more unfiltered guides. Crypto is freedom, but only with knowledge).
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