What is the best advice for anyone investing in cryptocurrency?

[swissgang]

The best advice would be that don't invest more than you afford to lose, because I don't think there is any advice which can make a newbie a good trader or holder so the best advice for anyone is that to me.

[1714558070]

1714558070

[1714558070]

1714558070

[1714558070]

1714558070

[1714558070]

1714558070

[Marahunter]

The most important thing for you is to learn as much as possible. There are plenty of opportunities in future considering markets are volatile. There will always be a good entry in future and if not no worries. It is better to not lose your money than to hurry to a position and lose most of your money

[MiukoOk]

First learn the market experience, and see the upward trend of the altcoin you want to invest. And learn patience, do not break down any difficulty. These are the essentials before you enter the Crypto market.

[Duallimit]

I think that the best advice will be an offer to learn how to understand the market. In addition, to control your emotions, to observe the more successful senior comrades and to delve into the topic of crypto currency.

[bvar69]

Just never go "all in" and never hesitate to take profit.

[sexy1983]

You can't think in terms of normal thinking, because it's always out of your expectation. The various stock indexes used in stocks have no effect here. I can only judge by experience, and I am confused.

[arthotdog]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

Treat crypto as profit source and can give us good earning,but always remember that this is virtual that means we must prioritize and consider as first means of profiteering is a regular job,the physical aspect,and make this community as secondary source of money maker

[marianna2020]

You should always study the information on the cryptocurrency, chat on the forum, to learn new trends in cryptocurrency. It's like a new profession.

[fulmetal08larz]

The most important factor in helping investors who are new in the world of crypto currency is to do his own research and understand how the system works. They must be aware of the risks involved due to the volatility in the market. Visualization of their goals and having the discipline and patience to maintain and modify the strategy accordingly. The golden rule in investing, whether in crypto or stocks, is to Buy Low, Sell High.

[neinnein125]

You should be very alerted and patient. I saw many people losing dollars like shit in just couple of weeks. They did terrible trades and terrible buy-sell orders at wrong times. You should never do it.

[Matthewmorris4]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

do not get caught up with FOMO, if the price has gone up high, release it, find another coin or wait until the price drops back in the bottom position, always to avoid invest when the coin in the top position

[TokenForUs]

the best advise for investing in crypto is trust nobody!
if you want to invest in short to middle term trading and investing on ICO should be good suggestion for you, just make some deep study related to which altcoin or ICO you want to invest, following every update from developers and in case you trade with altcoin see the trend from last 2 years annually, monthly and daily trends.
but if you have enough spare money to invest i would refer for holding potential altcoin and promising ICO for long term investment. believe me, it will shock you after 1 until 2 years of hold

[Musia]

Many coins created now, and it all can be a good to invest to get more benefits, but everything to lose because now the entire market pagatan and acts not very ravnomerno.

[Bagaji]

Well, i have seeing different opinions by so many people here already and the only thing you need do is to compare different opinions here with the one you have studied so far and make your decision on what to do and what not to do.

[skorupi17]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

1. Do not expect a huge profit. Cryptocurrency is unpredictable so the lower you expect, the less pain you'll feel if you lost.
2. Do not go all in. Due to unpredictability, going all in is a suicide attempt.
3. Read and research. Do not get victimize by scams and FUDs. Believe in facts, not in opinions.
4. Do not invest unless you are very sure about that coin or token.
5. Don't be stupid.

[Javi_Anibarro]

Hello guys I like to us to share our views on the best advise for someone that is just starting crypto currency! !!

1. Do not expect a huge profit. Cryptocurrency is unpredictable so the lower you expect, the less pain you'll feel if you lost.
2. Do not go all in. Due to unpredictability, going all in is a suicide attempt.
3. Read and research. Do not get victimize by scams and FUDs. Believe in facts, not in opinions.
4. Do not invest unless you are very sure about that coin or token.
5. Don't be stupid.

well i do not agree with some of this;
1.As an Investor i am expecting a huge sum of profit because i am investing my money into a long term unlike trader(investing and trading are different)
4.Do not invest if you can not afford to lose it,many project who has an existing product turned scam,right ? so even if you are sure about it,always know your bottom line.
5.Nobody stupid i believe but instead be smart and do not be lazy.
in conclusion,
if you want to start your journey in cryptosphere the first thing that you need to know is your bottom line,how much you can afford to lose and how can you recover it if you are losing it.
doing a research is your way to start it and never believe what other people says until you find it out by yourself.

[Poink]

SECURITY!!!

Even if you make millions of $$$$...if it is stolen, it means nothing.

Use a strong password,
use 2FA (two factor authentication),
only deal with respected exchanges,
use a hardware wallet.

Store your passwords, 2FA and wallet keys in a safe place.  Never share them and never keep them in your computer.

Good luck!

[Ankhesenamun]

Always follow the news and hype. Study and consult before buying coins, investing in a specific project. The crypto market is not like the securities market, it has its own characteristics.

[SalmanMJ9]

I think the best advice I can tell is (don't follow anyone, research and read and decide all by yourself). It is a massive market and still immature, it's better to learn it all by yourself (with the help of reading others content) by when it comes to buy/sell follow your guts.

[Vizzoy]

firstly, learn about technical and fundamental analysis
so, you can buy any cryptocurrency with your own predictions
when to buy and when to sell