If you are new to crypto this is for you

[ChronoLite]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

it is a good tips, yet for the no.1 tips you have to learn by experiencing it first rather than let it go just by that. greed is a human nature and sometimes it is really difficult to control our greed cuz of the market condition and other factors which makes our decision really matters and to maximize our profit of course, the said user have to try it but we can not blame it at all if they are greedy

[kayvie]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

I do agree, especially number 2. Newbies tend to find out how to make money or how they will be able to earn immediately even without the proper knowledge. They always forgot how important it is to learn first before they proceed on exploring new things in crypto until they move forward and be able to understand even a little in crypto before they start to earn.

[XCANA]

There's one most important thing everyone in cryptocurrency space should understand in respect to this industry, the ability to learn and continuously learning for the challenges ahead should be prioritize. The mistakes thousands participants made in this industry is due to their lack of some technical stuff the technology involves around. Scammers get away with victims with or without solid technicality, they just wanted the profits from the technology without getting the right  knowledge about the technology.

[Inkdatar]

There's one most important thing everyone in cryptocurrency space should understand in respect to this industry, the ability to learn and continuously learning for the challenges ahead should be prioritize. The mistakes thousands participants made in this industry is due to their lack of some technical stuff the technology involves around. Scammers get away with victims with or without solid technicality, they just wanted the profits from the technology without getting the right  knowledge about the technology.

Everyone should never understimate the power of learning in this industry. Especially newbies in crypto they are the most affected when it comes to do in trading they suffer losing money. When mistakes encounter that serves as a guide to them to avoid lose so the next time they will invest in a certain project they know what to do.

[Insomnia family]

greed and unable to manage financial management properly, newbies often lose out on this and several other reasons including investing in bad projects, being tempted by high rewards and even worse many newbies trust airdrops that require participants to send fees to claim tokens.

[jajorforce]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

Where can we find cryptocurrency investment rules? None of the rules work in this cryptocurrency world. To trust new projects, devs are always trying to do something different, then scammers follow. Expert has also become foolish for expert scammers. Overall, I will trust 2 or more new projects to invest in others will be from exchange listed.

[Genemind]

Learning to control your greed is difficult, this also applies not only to newbies but even those who have been to crypto for a long time. This is not something you can apply or even learn in a short period. There are a lot of good and new projects that bring out fresh ideas and innovation which attracts you to invest and be greedy. The lists you made can be considered as the basic rule you should know when you enter crypto.

[Phoenix_PROG]

The best two advice is always learn first and don't put all your eggs in one basket, if you go for different altcoins for example you will escape some losses because not all the coins will perform worse and if you can learn very well you will end up choosing top notch coins instead

[Maestro75]

No!

I keep telling people that diversification doesn't work in crypto.

It's a rule taken straight from traditional investing where you diversify between stocks arnd real estate and so on so if there's a crash on one of the markets you don't lose everything and may profit somewhere else.

Crypto is crypto. It doesn't matter if you buy one shitcoin or the other if Bitcoin crashes they will al crash.

I agree with you. Breaking your investment is not ideal in crypto because even those other tokens you are investing in may not be productive to make you profit. But you may be lucky to pick just a singe project and throw in all you want to invest and the penny project turns into dollar value. When multiplied with the several units you have you can see how huge your profit margin will be.  A 10,000 units of a profitable project will not be on the same margin of profit with a 1,000 units.

[Btc_1856]

The best two advice is always learn first and don't put all your eggs in one basket, if you go for different altcoins for example you will escape some losses because not all the coins will perform worse and if you can learn very well you will end up choosing top notch coins instead

That is what people should understand their thoughts towards development coins and it will help to protect from the loss. It is a bad idea to keep all our investment in the single coin and we should divert them to the different altcoins because potential coin will always perform well during an upward trend.

[Adreman23]

1. Learn first
2. Limit your risks by investing only the money you can afford to lose
3. Stay away from low rated exchanges because they have fake volumes
4. Keep your recovery seed and private keys very safe and don't store in cloud storages
5. Just like OP said diversification works best in crypto space

The number 4 should be the first it is very important to keep the wallet private keys in a safe place and make at least 3 hard copies for backups and the one is to store it in the mind by memorizing the mnemonic phrase so that we have back up wherever we go. And dont give the private keys to wife specially if not sure her love  is 100 percent genuine

[Malam90]

Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

When a person enters into crypto markets with any online way or from the inspiration from his friends, first they feel that Crypto means a way of quick gainer in trade. They don't consider the quality of the project they are investing, price level at the moment just by geed to profits. They don't know their assets management and fill their eggs in one basket. They should learn first about cryptocurrency, exchanges, technical and basic analysis of cryptocurrencies, importance of diversification of their funds to be successful in crpto trade. Otherwise they will regret in the next stages.

[tanjiran]

There's one most important thing everyone in cryptocurrency space should understand in respect to this industry, the ability to learn and continuously learning for the challenges ahead should be prioritize. The mistakes thousands participants made in this industry is due to their lack of some technical stuff the technology involves around. Scammers get away with victims with or without solid technicality, they just wanted the profits from the technology without getting the right  knowledge about the technology.

Lack of knowledge will make ordinary people easily provoked. Especially with the lure of a large reward, without thinking it will definitely join. Scammers are getting smarter at making fakes, and some have even rented advertisements.
These types of people will always be there, they are greedy, especially seeing from one side that crypto can provide instant and instant profits, without realizing there are many risks. The more knowledge, the more careful people will be. Well, sometimes to gain valuable experience, we have to pay dearly.

[nrvasquez]

Controlling greed is something that is quite difficult, where human nature is to always want to get profit. do thorough research, at least look at some news on social media, if you are a beginner don't be shy to ask someone who understands better so you won't be fooled

[best123]

Your advice on investing in cryptocurrency is very amazing. One of the major causes of loses in crypto is greed. I have seen where people lose almost all their capital because of it. Lack of relevant and reliable information on a token is also a great constrain.

[desfira]

Your advice on investing in cryptocurrency is very amazing. One of the major causes of loses in crypto is greed. I have seen where people lose almost all their capital because of it. Lack of relevant and reliable information on a token is also a great constrain.

Investing in Crypto requires extraordinary patience because our prices cannot predict when it will rise and when it will go down, sometimes quickly in the pump to a fairly high price, but if for long-term assets, Kira select BTC or Altcoin that has been aged, can not be dead

[D ltr]

I agree with you especially advice on controlling greed and also doing research before investing.
The way to practice it is by trading, for a few months I was inactive on the forums trying to learn to trading, and I felt it was very difficult to control greed and also do research.

[Oneandpure]

I agree with you especially advice on controlling greed and also doing research before investing.
The way to practice it is by trading, for a few months I was inactive on the forums trying to learn to trading, and I felt it was very difficult to control greed and also do research.

Controlling when have to stop holding and controlling have to stop for selling, I think both important when new trader or new cryptocurrency always think with their coin assets after break to higher price keep getting chance with more higher price until price is back down, but some time they will panic selling after looking with assets down and not give chance waiting several days later for getting back their profit and his coin break out to higher price, this big mistake always did by new trader or new in cryptocurrency because they look panic and most trusted for holding when have chance to sell and raise for profit.

[Wenbing]

2. Money making should come last, learning is the first thing to do

You see, knowledge is power anywhere anytime. With the right knowledge, you will be able to invest cautiously. With the right crypto knowledge you will be able to discern between bad project and good projects. In fact knowledge is a powerful skill and the skill to have this knowledge is learning to learn.

[sapnu]

Your advice on investing in cryptocurrency is very amazing. One of the major causes of loses in crypto is greed. I have seen where people lose almost all their capital because of it. Lack of relevant and reliable information on a token is also a great constrain.

In cryptocurrency, they are most often lost out of ignorance.
People are too lazy to search for information and study projects on their own, they tend to link to other people, hoping that they did all the work for them. But those people refer to others just the same.
Investing in cryptocurrency should involve understanding what, why, and when you do it. It is indistinguishable from investing in stocks, but more risky.

It is indeed important for everyone to study and learn every important information about cryptocurrency first, then the next thing you can do is to learn every project of what are the things you should consider when choosing a project that you want to support or you want to invest your money in, for you to avoid losing your own money and prevent you from making false information about cryptocurrency that it is a scam, which is actually not.