Do not invest in crypto currency without knowing this .

in #crypto7 years ago

Guys, I am posting what I have experienced and learnt in Cryptocurrency.

  1. Patience is the Key.( Dont sell if the coin price goes down by 10-15 %. Its very normal)#HODL

  2. Invest only what you can afford to lose.

3.It is the most Volatile Market ( Not for weak hearted).

  1. DYOR: There is no harm in asking people about coins to invest. But do not Blindly follow them. Make sure you research about it and enter at the right time.
  1. Short term is not as profitable as long term.(So learn to HODL for longer spell, Unless you have real good skills to read the market).
  1. Do not try and ride the wave. You never know when you might get dumped.#FOML.
  1. Not all ICOs are multi baggers. Always research about the project, credibility, Product, Team, Investors , Whitepaper.

  2. Lastly always decide and diversify to gain maximum profits and dont be GREEDY. Everyone does not become a millionaire in a single day.

Keep earning .

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Totally agreed on all the points. Now a days people have started this new business and try to join the people using MLM trick.

I just upvote you
And expect same from you for my posts
So continue upvote mutually

good post bro pls upvote

Very good information.
Thank you brother.