DON'T DEPEND ON SINGLE COIN
Investing all you have in a single coin has always been risky. As finance suggests DON’T PUT ALL YOUR EGGS IN ONE BASKET . So, have a deatailed research and invest in multiple coins that have probability of acquiring the market. The loss of one crypto might be adjusted by the another in profit.
DON'T FOLLOW BLINDLY, RESEARCH (I REPEAT RESEARCH)
It has been found people following blindly whatever other does and is going so much on hype in the market. It's not wrong to follow the market, but one need to be sure what he/she is doing so that one can have alternate ways and broad ideas about the investments.
USE YOUR CRYPTO CURRENCY IN REAL WORLD
Do not just buy and invest the crypto currency. Do use it in your practical life, thats how it takes the market and increase its scope in the business. The main purpose of the currency is to trade with the materialistic object in the market. The more we use it, the more it has stronger base.
CREATE AWARENESS ABOUT THE CRYPTO CURRENCY TO OTHERS
As we invest in the cypro business, it very important to have more people to know about it and use it. More the demand, the more the value.
PATIENCE
Warren Buffett once sasd , "The stock market is a device for transferring money from the impatient to the patient". The same applies in the crypto market. Do not panic when the market is down. Have patience, see the trend, check the possibility of growing. Like i said earlier have invested in other coins too, this helps to be in brek-even point when one is in loss.
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