For the newcomers to Crypto/Bitcoin:
My 10 rules for newbies:
Spend 1 week beer money to get some coins and put it on your phone, regardless of the price.
Take these coins and find a way to exchnage them for some other coins through a crypto exchange.
Start looking at different coins and what they do. How far along are they in their vision?
Check their github to see if there is active development. If don't know what github is, Google and watch some YouTube tutorial.
Get some books about financial markets. Random Walk Down Wallstreet is pretty good.
Stay away from pump and dump, ICO, and other "signal" groups on telegram.
If you lost money day trading, it's cool, you just learned a bunch of stuff and it was only drinking money.
Now you lost money, read a bunch of stuff about all of the coins, understood what's good and what's castle in the sky, time to take some long positions.
Take a year worth of drinking money and put 90% into coins with active development that you believe has a long term future.
Hodl. If you don't know what this means. Google "hodl bitcointalkforum", I promise it's gonna be the funniest thing you read in the next 5 minutes.
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