Your most important crypto advice?

[CryptopreneurBrainboss]

What is your most important crypto advice?
Please share here and also add a short comment why it is your most important crypto advice.

Focus on investing in Bitcoin, I wish I had someone to tell me this when I started my crypto investment journey and I wished I followed the advice too. Immediately you start investing in altcoins, it becomes difficult to focus on Bitcoin and when you begin to ignore Bitcoin you lose out of the generational wealth you could have created for yourself and your family. It's not too late if you missed investing in Bitcoin as you can always turn the wheels around and focus on accumulating Bitcoin and not altcoins. Just know altcoins are for gamble and I'm not saying you can profits from it but it shouldn't be your main focus.

My most important crypto advice is "not your keys - not your coins" because it is simply a very important advice, where we should be aware to have real access to our coins and don't need to rely on a middleman. Bitcoin is clearly designed as a P2P currency.

This is another one but this doesn't mean we can't use centralized service but we shouldn't leave our Bitcoin with them. When the options for a decentralized service isn't available, we can used CEX but don't used them as a wallet. The choice of exchanges being used as wallet is one big mistake newbie do alot and it causes them to lose their Bitcoin or altcoins when exchanges go bankrupt or exit scams. We shouldn't entrust our crypto to a third party and neither should we use wallets that aren't non constodial.

[Ludmilla_rose1995]

The advice I do give to newbies is that, they should stick to Bitcoin before trying to trade or investment in another cryptocurrency, because they'll eventually loss their funds when they don't have the . basic knowledge of investment especially in a reputable coin first. And when creating a seed phrase, always ensure to manually back up your phrase so you don't save it online where it's vulnerable for hackers to manipulate. The best way to save your seed phrase is either save it in a hardware wallet or save it in a piece of paper and store it in a safe.

interesting, however, basic knowledge about securing personal wallets, especially bitcoin wallets, is something that must be prioritized, just imagine when you start to have some bitcoins in your wallet but you can't secure them then it is certain that one day the bitcoin assets you own will be stolen or lost due to accident

[Tmoonz]

Only invest what you can afford to lose and never be in competition to have the same amount of investment with other people because we are of different value when it comes to income,  so it is important to know as investor just  go with what one can afford without stress. Investment is personal, never invest because some other people are investing. Do your research and understand why an asset needs to be invested. One thing never to take for granted is security, every password and seedphrase must be treated with care to protect assets. Trying to educate one's self is also important too, it helps in making oe to know the right things to do for an investment to be successful.

I completely agree with all that have said, yeah our investment money should be more like a disposable income after taken care of whatever might have been considered to be a basic needs which by so doing we can comfortably invest with much of the emotions attached to it while making a good and informed decisions that will be in line with our investment goals and objectives, don't invest because it is what everyone seems to be talking about or doing but rather you must have your personal conviction before making any investment, and it must to suit you in terms of your financial stand, risk tolerance level and investment goal and objectives inclusive.

[Sandra_hakeem]

What is your most important crypto advice?
Please share here and also add a short comment why it is your most important crypto advice.

Don't ever believe anything you see on the internet - no matter where you see it.... All 'em crypto wannabe projects are getting launched every single day and, all you can do about it - unless you've got specific techs to indulge - is avoid them.

Avoid trying to be part of a ponzi scheme for any reason; sometimes, it could be a trend of the season and your folks may have been a great guest to the party already etc...
We've got naysayers in almost any platforms you could seek to have visibility; there's never a good report about Bitcoin from them. Don't believe anything you see.

[Wakate]

What is your most important crypto advice?
Please share here and also add a short comment why it is your most important crypto advice.

My most important crypto advice is "not your keys - not your coins" because it is simply a very important advice, where we should be aware to have real access to our coins and don't need to rely on a middleman. Bitcoin is clearly designed as a P2P currency.

There are many advise you need to keep in your mind if you really want to invest and make money from the cryptocurrency market. You need to be very careful about altcoins because that is where people have been losing money investing in the wrong coins. It is good we need to plan and take a move quickly when making investment especially doing research because this is one of the ways we can lose money in the market. You need to be able to make your own decisions when it comes to the crypto market because this is what is going to help you scrap out bad opinions from people.

[Makus]

interesting, however, basic knowledge about securing personal wallets, especially bitcoin wallets, is something that must be prioritized, just imagine when you start to have some bitcoins in your wallet but you can't secure them then it is certain that one day the bitcoin assets you own will be stolen or lost due to accident

Yeah, security is very important in this network. As enthusiast we must learn to keep and store our seed phrase well because scammers or hackers don't have pity or  show Remorse for anyone they scam. In Bitcoin investment the most important data you have is your mnemonic seed and if anything probably happen to your mnemonic seed, all your holdings are gone, meaning you spent all th Se years and effort all in vain.buying a water proof safe shouldn't be a problem for those who wishes to secure their funds. Though most persons improvise by using other storage medium to keep their seed phrase safe but, if your seed phrase gets licked online you should consider moving all your Bitcoin to a new address and save your seed phrase manually.

[Sebas.tian]

Don't believe in lies and false accusations but always do your own research. That's the most reliable advice I can give for someone new in this kind of industry. And never go for shortcuts towards crypto trading or investment success, everything comes from hardwork and full focus and attention on your crypto goal.

It is a good advice to crypto users which is very important for newbie to be aware before joining the forum, because there are some group of people sharing fake information across social media just to scared people, but if you understand crypto very well you will not be scared if you see such news in the community. Many people has loss all their funds for following shortcut to invest their funds, because they followed shortcut to earn quick income that lead them to loss their funds for other people to learn, and never to embark on shortcut in the forum. Create a good time to be more function in this forum, so that you can learn so many things that will add value to your efforts to ensure you be among the people will enjoy the benefits of crypto.

[letteredhub]

What is your most important crypto advice?
Please share here and also add a short comment why it is your most important crypto advice. 

Always be patient to verify before hitting the button: Never be in a hurry to take an action on any information you read on this space. Don't be the guinea pig to be used by others in the experiment of any new project that appears online, get patient, watch and wait till you hear from the experience of others about the project before jumping in. Stay cautious.

Don't live on the assumption that a site is correct and genuine because you have seen it before somewhere. Scammers can modify a genuine site with just a dot or slash symbol, and if you're naive not to bother to cross-check you might fall victim of scam while believing you're in the genuine site. Stay awoke guys.

[shanhaigamefi]

Do thorough research yourself before investing. Additionally, avoid greed during trading and carefully evaluate the analyses and studies available in the market.

[knowngunman]

Do thorough research yourself before investing. Additionally, avoid greed during trading and carefully evaluate the analyses and studies available in the market.

Aside doing thorough research which is a prerequisite before starting your crypto journey, I would also advise everyone to guard their wallet keys as if there life depends on it. Yes, there life actually depends on it because the assets shaped their future.

I have fallen victim twice and I know the implications of carelessness as regarding our keys. If you can not safeguard your keys, you are probably holding assets for another person. As Op stated, it’s not your coin if your keys are not well secured.