Crypto Holding investment focus! NEWBIE MUST READ.

[cloudfir3e]

I agree with that thought, my advice for beginners, the first information about the coins to be bought, it will make it easier for you to invest well in the future

[ardydyon]

Very good advice for newbies investing in crypto.
I totally agree with what has been explained. nowadays many newbies buy coins based on the information they get from influencers.
without doing your own research on what projects are being developed by the coin.
which is no less important than what you described is the most important aspect called continuous development and team competence.
continuous development will make the coin consistent in the crypto world and worthy of long-term investment.

[dwinrs]

In order to be successful in investing in crypto holdings, there are several steps that crypto beginners should know. This is to avoid getting caught in a scam project, losing while investing, not maximizing profits.

1. Coin selection! This point is very important, if we are wrong in choosing and analyzing what we do during the holding time it will be in vain. Of course this is a very difficult thing to do where we will be presented with thousands of lists of coins on the market today.

Just a suggestion, if you are a beginner and feel confused about choosing a coin for long-term investment choose BTC, ETH, BNB, LTC, XMR, ETC, BCH. Even though they are old coins, the performance they have is very good. There is no doubt that these coins are also widely accepted as a payment method at various merchants, it is possible that in the future there will be many milestones that they will pass with the next success story. Consistent price increases, the coins are undoubtedly capable of recording consistent and unexpected price increases. At least there is a guarantee that if we invest long term we will get a profit.

2. Hype (Project Crypto/Token). The main mistake beginners make when entering the crypto world is that they are easily carried away by the hype they should avoid. Newbies are very easily carried away by hype, they are tempted by the lure of huge profits that don't make sense. Often they enter at a high price and come out with heavy losses because the token is a scam/rugpull. This must be taken seriously by newbies.

3. Buy Coins Periodically. If you have determined which coins to buy, buy the coins periodically using the averaging or DCA mode. This allows you to get a low average buying price.

4. Hold on tight. Do not sell your assets until you reach the target.

5. Sell Method. Never sell all the coins outright. If you make a long term investment, it will cost you money. Why do I think so, if the asset you own continues to rise in price then you will lose the opportunity to earn more profits. The effective way I've ever done is to sell it little by little like the way to buy DCA (dollar cost average), but the difference is that we sell. So we will get a high average selling price.

I totally agree with what you said from these 5 points!!
and what often happens when newbies dive into the crypto world is point 2, they always follow what's hype on social media and this must change their mindset

[Coin BTC]

In order to be successful in investing in crypto holdings, there are several steps that crypto beginners should know. This is to avoid getting caught in a scam project, losing while investing, not maximizing profits.

1. Coin selection! This point is very important, if we are wrong in choosing and analyzing what we do during the holding time it will be in vain. Of course this is a very difficult thing to do where we will be presented with thousands of lists of coins on the market today.

Just a suggestion, if you are a beginner and feel confused about choosing a coin for long-term investment choose BTC, ETH, BNB, LTC, XMR, ETC, BCH. Even though they are old coins, the performance they have is very good. There is no doubt that these coins are also widely accepted as a payment method at various merchants, it is possible that in the future there will be many milestones that they will pass with the next success story. Consistent price increases, the coins are undoubtedly capable of recording consistent and unexpected price increases. At least there is a guarantee that if we invest long term we will get a profit.

2. Hype (Project Crypto/Token). The main mistake beginners make when entering the crypto world is that they are easily carried away by the hype they should avoid. Newbies are very easily carried away by hype, they are tempted by the lure of huge profits that don't make sense. Often they enter at a high price and come out with heavy losses because the token is a scam/rugpull. This must be taken seriously by newbies.

3. Buy Coins Periodically. If you have determined which coins to buy, buy the coins periodically using the averaging or DCA mode. This allows you to get a low average buying price.

4. Hold on tight. Do not sell your assets until you reach the target.

5. Sell Method. Never sell all the coins outright. If you make a long term investment, it will cost you money. Why do I think so, if the asset you own continues to rise in price then you will lose the opportunity to earn more profits. The effective way I've ever done is to sell it little by little like the way to buy DCA (dollar cost average), but the difference is that we sell. So we will get a high average selling price.

I'm also a beginner in crypto, especially in terms of investing and maybe I don't know much about crypto, but my advice for beginners is mainly to understand the market, and you shouldn't be in a situation that is tied to projects that exceed standard limits. , and also you should not expect high income, because the market trend will change at any time, and the five points above are the right advice in my opinion.

[Marvell1]

There is a lot to learn if you want to survive in the crypto market, therefore the best way to avoid losing money is to always equip yourself with knowledge before deciding to invest. Should not listen to the advertisement, stay away from the promise of profit of the project investor. If we want to make money, we must first know how to keep it.
Thanks for your advice, these are the basics it will be very helpful for newbies.

[GelatikKembar]

There is a lot to learn if you want to survive in the crypto market, therefore the best way to avoid losing money is to always equip yourself with knowledge before deciding to invest. Should not listen to the advertisement, stay away from the promise of profit of the project investor. If we want to make money, we must first know how to keep it.
Thanks for your advice, these are the basics it will be very helpful for newbies.

In investing in crypto knowledge is very important and I think it has a big role,
besides that, we have to prepare skills too and just imagine if we invest but don't have the knowledge and skills then we will easily lose money,
I think the newbie should really pay attention to what you are saying

[timerland]

3 and 4 are most important.

If you believe in crypto long term then you should have no trouble making sustained amounts of profits just from buying through DCA and holding onto your tokens tight.

Make sure that you are well diversified though, because one of the most common mistakes that people make when they first start out is the obsession with picking winners. You can't always pick winners, but you can certainly pick trends - and the long term trajectory for the entire crypto market is up.

[pandanaran]

Point number 2 is probably mostly done by beginners because of the high Hype about Crypto so they want very instant profits so they get stuck in some junk tokens which have hype with relatively short timescales so they get deep losses, so things like this must be understood by beginners and most importantly multiply references when we want to invest in Crypto.

[lombok]

I'm also a beginner in crypto, especially in terms of investing and maybe I don't know much about crypto, but my advice for beginners is mainly to understand the market, and you shouldn't be in a situation that is tied to projects that exceed standard limits. , and also you should not expect high income, because the market trend will change at any time, and the five points above are the right advice in my opinion.

Understanding market trends for newbies (categories who are not familiar with crypto and forex) is very difficult unless they have experience trading in the Forex field, maybe it will help a little regarding market trends.

The main problem might be if they enter the market and have bought the coin and are in the right trend, due to high expectations on crypto and the large number of other people or their own friends who are rich in crypto, they set high profits, even though the market at that time was only able to move a fraction of a percent just. That's what makes their emotions ruin their long-term trading or investment. Buy at the top, sell at the bottom. Which leads to a cut loss, and this keeps repeating itself because of his unstable emotions. Their funds are exhausted and frustrated.