$BTC

The First 5 Things You Should Know Before Investing in Crypto

Cryptocurrency can seem overwhelming when you're just getting started. With thousands of coins, complex platforms, and endless market jargon, it’s easy to feel lost. But don't worry — every expert was once a beginner.

Here are 5 things every new investor should know before diving into the world of crypto.

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1️⃣ Not All Coins Are Created Equal

Bitcoin and Ethereum might dominate headlines, but there are thousands of altcoins — each with unique goals, use cases, and risks.

📌 Tip: Start by understanding the top 10 coins by market cap before exploring smaller projects.

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2️⃣ Volatility is the Norm, Not the Exception

Crypto prices can swing 10–20% in a single day. Don’t panic.

📌 Tip: Avoid checking prices constantly. Zoom out and think long-term.

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3️⃣ “Not Your Keys, Not Your Coins”

Storing crypto on an exchange is convenient, but using a self-custody wallet gives you full control.

📌 Tip: Learn how to use a wallet like Trust Wallet or a hardware device like Ledger.

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4️⃣ Research > Hype

Don’t invest in something just because it’s trending on social media.

📌 Tip: Read project whitepapers, check the team, use cases, and tokenomics. Trust your research.

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5️⃣ Start Small, Learn As You Go

You don’t need ₹1 lakh to start investing in crypto. Even ₹500 can teach you a lot.

📌 Tip: Use Binance’s beginner-friendly features like Auto-Invest and Learn & Earn.

#Write2Earn