CRYPTOCURRENCY INVESTMENT SAFTY TIPS

[Bananington]

Another tip I want to add and that is never put all your money in a single bucket. What I mean here is do not invest all of your funds in a single project. Split your fund into different sections and invest distribute them in the various projects from CMC Top 100. This will minimize your loss too. If you invest all your fund in a single project then if something bad happened to that coin you will take big losses.

Whoever invest all funds in a single project knows nothing about investment and should not invest at all in the first place. Imagine getting a massive dump from that coin, you can't even bare it and will definitely sell at loss due to your emotions getting screwed up. But if you diversify your investment, and you know you are holding good coins, you can be patient enough for the price to rise when there is dump.

[Kasabus]

Another tip I want to add and that is never put all your money in a single bucket. What I mean here is do not invest all of your funds in a single project. Split your fund into different sections and invest distribute them in the various projects from CMC Top 100. This will minimize your loss too. If you invest all your fund in a single project then if something bad happened to that coin you will take big losses.

Whoever invest all funds in a single project knows nothing about investment and should not invest at all in the first place. Imagine getting a massive dump from that coin, you can't even bare it and will definitely sell at loss due to your emotions getting screwed up. But if you diversify your investment, and you know you are holding good coins, you can be patient enough for the price to rise when there is dump.

Well said. Investors who only focus on a single coin putting all his hard earned money on it might only regret in the end because there is no guarantee that this coin will be forever in a pump. So it would be a practical advice to diversify always our investments so that if one investment fails, we can still count on to another one. But of course, DYOR first before investing.

[Sanugarid]

For Every New Trader It's Time Very Critical Due to Corona Virus ~

Your title is discussing about investment, mate? How can you describe "trader" on the thread content?
You must focus on the title. If you are discussing about investment, then you should explain about investor, not trader. 

I noticed it too, but that does not mean that he should focus on what the put as a title, might as well he change the title of this thread, mainly about the traders.

This step by step is not for the investment purpose, but for the security advice ~

I agree with you, mate. I feel the title is like "clickbait" and if it is needed why don't to change the title. 
I think the best title is "Tips to avoid hackers or scammers".

But I still get his point, and it is relevant at all not even a clickbait lol. He inlcuded that it is a safety tips when engaging with investments, I didn't find any wrong with it but what I did find odd is the type of thread. We already have a bunch of this like thread, he could have just read and comment on the old threads, I'm pretty sure those threads are full of tips on how to get loose with scammers. Even we are on a highly techie age, there are still people who are unaware of what crypto investment and trading is, this thread might help the beginners to counter those.

[FanEagle]

People shouldn’t be leaving their funds on exchange, even at that you should always make sure that the exchange you’re using is secure. Even exchanges can be hacked and money that belongs to customers will be stolen. It has happened so many times and if you read the news you must have seen it happen. So, you should make use of good exchanges that even when such a thing happens you’re sure that you money is still secure.

Know how they secure your funds; an example is Coinbase, they make use of offline vault to store your money and they have insurance as well. And like I said at first, also have your own wallet where you store your funds, everything shouldn’t be left on an exchange.

[el kaka22]

I would say it is vital importance that if you want to be secure in trading, do not trade something that you have no idea about. Not even studying it for a while works, you have to actually make sure that you know every single bit of a detail about that currency that you can, that is the important part, if there is something that you didn't know and after buying it and it goes down and you realize it went down because of something you didn't see before, that means you didn't do your research well enough.

Learn absolutely every single detail about the thing you are putting your money into, you wouldn't buy an comb (simple thing) from someone unknown online, so why would you invest into something you do not know every detail about? Find even the smallest little detail if you can.

[lobo13hf]

I think I could add one more tip to your list: Never install an untrusted app/apk for your smartphone and alike for your PC as well. You will never know how much vulnerable you're if you allow those apps or programs running on your device.

I think so and people must always avoid to deal with suspicious app. I heard that so many scammers were also creating fake application and software to steal the data from the users. So many news have also published that too.