Tricks and tips for surviving crypto

in cryptocurrency •  7 years ago 

Do your research 

  • People want the same thing you want, money and they will not hesitate to rip you off and run
  • Offten compared to the '.com' bubble there are people that have no projects but will present themselves as legitimate.  

Form your own opinions 

  • You cant follow everyones advice step by step
    • Its impossible to keep people updated 24/7 in such a volatile market even from people who have good intentions 
    • Whales pump and dump small coins and icos leaving you with an asset that might not have value more than a few hours if you followed their advice.

Dont worry about the volatility, always hodl (unless you trade)

  • crypto isnt suppose to be seen as USD or Euros but as a competitor that is suppose to replace them
  • "you only lose when you sell" dont be in a rush to make quick money, youll see more success and less stress in the long run   



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