5 Mistakes To Avoid In Cryptocurrency

in cryptocurrency •  7 years ago 

So these are the top 5 mistakes that people should pay close attention too because the could leave your pockets feeling a little empty.

For those who don't have 10 mins to watch a video (:

  1. 9/10 HODL'ing will prove better than selling & Re-Buying at a 'cheaper price'

  2. Don't keep your coins on an exchange. Don't have your private keys? You don't own your crypto. Amazing how people still know about this yet they still do nothing!! It's time to change people!!

  3. Not having a hardware wallet. If you have $500+ I highly recommend getting a hardware wallet to keep your funds safe. Not only are they a great safety measure, but they're also pretty cool to fiddle around with!

  4. Investing more than you can afford to lose. Whether it be cloud mining, a lending platform or that new hot cheap alt, never invest more money into anything that you can comfortably afford to lose. I've probably losr over $10,000 with a few platforms, coins and mining so definitely be careful as you are not immune!

  5. Don't always believe the media. SHOCKER coming up. The media need views, thus they have the clickbait headlines and images to get you to click. But once you're in their article they have you by the balls! (well kinda lol) Just don't always believe what you read as a lot of news articles didn't even believe bitcoin would get to $100. ''look at me now''

Thanks for reading / watching guys, and keep HODL'ing!!

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Thanks for this worth a follow. I enjoyed it, Keep up the good work.

Thanks buddy, appreciate it a lot!