Just a quick warning

[DDante]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do not fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart  

[1714180310]

1714180310

[1714180310]

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[iamaruf]

This is the main rules of trading and investment in real life or Online.few people are greedy that’s why they put all of there money in one place and if that’s turned to scam they cry and blame.but wise people always put there money in different place or different coins.         

[OasisDre]

This have been said many times but since we always see newbies every time to time it's good to share this information over again, newbies should try as much possible to put learning first before investing, seek answers and you will find unexpected answers, always remember that you meet some people on here who've been around before you, they have different experience to share

[chaoscoinz]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart  

Some pretty good advice to give, the way the market volatility fluctuates, you could really end up losing it all, especially if one isn't careful enough. When you diversify your portfolio you have a better chance of coming out on top, but it involves a lot more work. You have to constantly check the market in order to make sure that your coins are doing well!

[livingfree]

I also say that term of not keeping all eggs into one basket but in bitcoin, this is the opposite way. If you want to minimize your losses but to maximize profit, putting to bitcoin-only can be your choice. I have invested in other altcoins because it's my choice to diversify.

Bitcoin is a gem and if you have invested only into it, you have the best gem of them all. But as time passes by, you want to explore into altcoins and that's the start of knowing others of it through the researching.

[Baby Dragon]

This is the main rules of trading and investment in real life or Online.few people are greedy that’s why they put all of there money in one place and if that’s turned to scam they cry and blame.but wise people always put there money in different place or different coins.         

It's because they are not thinking before making decision, they don't even bother doing research regarding that specific project that is why most of them end up losing their own money for thing. It's the reason why you have to consider a lot of things, you can't just put your money without thinking the possible outcomes. They should realize that being greedy will never turn out good and you have to expect that losing is part of investing, it depends on you if you are going to learn from your own mistakes and turn that experience into a lesson that can guide you. It doesn't matter as long as you know how to handle your own investment and you already determine that it's a profitable investment but you have to remind yourself that you can't assure the possible things that my happen so if you are into it then be careful and attentive. Also, you can't blame anyone or anything because of your own stupidity just accept your mistakes, it's your choice at the first place so you must suffer the consequences.

[Eclipse26]

Already aware of this one so this advice are really for beginners. It is really indeed a better move. Investing in different altcoins that you see will do or is doing good is much advisable than investing everything in one coin. Because we're avoiding losses in one go. As long as you're not only investing in a single coin, that's already good. You just have to know where you should invest more than the other one.

[rosezionjohn]

Ah "GEMS", this is how some investors usually describe those low market cap coins with "potential". Then 2018 came, these same people who were very optimistic before started calling these gems as shitcoins 

Here's my quick warning, you do not have to distribute your eggs into different coins or tokens. You don't have to follow tips or advice that works on other type of investments because they may not be applicable to a young market like crypto. We've already seen how many people got rekt from the "altcoin rush".

[Gotumoot]

Yes ofcourse i know this also because if we relying only in one altcoins and invest all of our money the possibility is high that all our investment will lose if this coins is going to dump.  So invest our money in deffirent investment so that when some of our investment lose or become scam not all our investment will dump. 

[White Christmas]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

I've appreciate this post in which it is true that no matter what happens when the project was a new project don't trust so fast because no matter what happens you don't know what are the background of this project and we also don't know if this project is reliable or not. Even though that the whitepaper of the project was good enough to convince you that this is a legit project, then probably think about it and think those people who are scam just because the project looks real.
Just like what people says, go and find more so that when you came back you will have so much, meaning be smart on having many connections or transactions so that you will not just stick into one, there are tons of different kinds of gem in the world don't look for the one and only diamond because other gems have their true value also.

[princecharles]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

You gave a plausible warning. In fact, I've always heard that it's unwise to keep all your eggs on a basket. It's a sound investment principle to diversify and don't depend on only one single source of income. Its also a good idea to only invest what you're willing to loose., the cryptocurrency space is highly volatile and there's no promise or assurance on any project or coin.

[shodik007]

it doesn't matter even though one is btc but it is very risky to place only one altcoin, maybe everyone thinks like you and I will do it too. I think it's true that it will be much safer if we store it in several coins so that if there is a loss in one coin, we still have other coins

[zeze18]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

That's how crypto investors should be, don't rely on just one projects more over today projects are so many and people are jumping to each different project like flash so keeping investment too long in one project is not the best way to do with current crypto condition

[3la9l_kolbaCa]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

That's an aggressive advice and associated to reality of life. Every person in this modern days, got so many ambitions to tackle and because of that reasons they likely failing in every circumstances. Without knowing that they're about to fall on the booby traps of scammers. I am pertaining to describe here was the ponzi scheme used by scammers on different investments aiming fiat cash investments, which was using any forms of products or physical business operations. Same thing with cryptocurrency investments, this idealism was copied towards physical money and then diverted into a business which was actually a ponzi scheme pattern.

[inanilujimi]

With so many shitcoins dying now, we must be smart about our money to avoid irreparable damage.
Do not be easily influenced by a momentary pump that can be a trap to enter the deepest holes.

[Beparanf]

it doesn't matter even though one is btc but it is very risky to place only one altcoin, maybe everyone thinks like you and I will do it too. I think it's true that it will be much safer if we store it in several coins so that if there is a loss in one coin, we still have other coins

Diversifying should be do if we plant to do trading even sometimes, so we have a backup coin that we can use when we trade. Holding 1 btc is good as long as we always get updated and will set till what amount we can lose or win. Sometimes I just want to forget I ha e BTC and will just set remainder maybe but then we need to monitor to stop loss if it's been too far from our goals.

[fortunecrypto]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

I have seen and read this advice so many times in this forum and on so many articles I've read and it's always timely and true and will not go out of truthfulness, especially at this point in time where so many scam projects are just around us, waiting to victimize those who refuse to learn.

[jakelyson]

invest only what you can afford to lose. Do not keep your eggs in one basket,

This is the first rules I learned when trying to learn how to invest. And I am sure this rule will stay as long as investing is a thing.

do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

Good advice. Never stop searching for opportunities because you will never know when you will find that one that will change you financially. And even if you already have one, there will always be something new out there that has greater potential.

Also, profits are made when you buy but it is realized when you cash out. So learn when to cash out.

[alfonso_jon]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

Smart people move along with smart mind. Business minded people prepare themselves for every ups and downs. So they know better what to dig, where to dig and how to dig 

[gwaposakon]

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

Variety is something good in crypto. Especially in a highly volatile market where prices of coin can rise and fall abruptly. It is always a good thing to have choices when one of your assets fails you still have another to carry you around and continue your trading or longterm investments. So it is indeed really important to research and check out other projects and cryptos that have actual usage, a great team running it, and stable and long-term roadmap.