Some Crypto Currency Rules
What can i tell you about the crypto currency market.
It’s a hard Market and i think the most people joined because of the huge hype of the last year and the fast profits.
But a lot of people start investing their money without inform about the teams, projects and their technology, most of this people had a lot of luck because of the hype.
I wanna tell you some rules to safe ur money because u should never forget u can also lose money in this fast market.
Coins they are hyped today could be death tomorrow.
Besides, the order is absolutely arbitrary
- Only invest what you are also ready to lose!!!!
- Buy and Hold Bitcoin for longterm and dont worry about little price corrections!
- If you also wanna invest in Altcoins inform about the team and technology of this project and does this project has potential in the future!
- As a Krypto-investor you only need 2 or 3 Exchanges, In my oppinion the Top 3 are: Bittrex, Binance and Poloniex!
- Never buy coins outside of Exchanges without Escrow. It’s too risky!
- Dont fall in love with your coins! Maybe you have to sell them for your Profit!
- If you don‘t have enough time to inform about the Crypto Currency market use Social Media like Twitter!
- Don’t trust EVERY Crypto-Youtuber, inform yourself about the projects!
- After the investment you should think about a sale strategy!
- Dont invest in every ICO! Its better to be invested in 2-3 good ICO’s every year, than risk your BTC or ETH in bad projects!
- The best deals are made behind the scene!
- Share your knowledge with the Community!
- Change your password every month and use different email adresses!
- The best way to store your passwords is a paper + pen!
- Always hold a small amount of BTC ready for quick invests because the market can change very fast!
- The best marketing is pointlessly without good technology!
- The security of your computer is very important: protect your system with a good Firewall and be carefull with Smartphone-Logins!
- After invest do your homework and inform you about the latest news!
- If you feel uncomfortable about a project , DON’T invest the next chance will come!
- If a Crypto-Currency is in combination with a Multi-Level-Marketing-System, it concerns a scam and you can lose your money!
- Do not invest in hyped coins after several hundred percent of course increase!
most of the time you will end as bagholder! - If you hold a big BTC amount buy a hardware wallet or use a paper- wallet!
- If u did 1000 % or more profit in the last months, NO panic if the market reacts with price corrections!
I wish you good luck!
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