#MyFirstSquarePost
This world is not a bed of roses. There is no investment without loses. However, an uneducated loss can cost you your life.
Crypto is a new technology compared to traditional investment like gold, silver, and real estate.
If you don't have patience and guts to survive in a volatile market crypto is not for you.
Consider why most old hardened investors stayed way from crypto for so many years? Because they have seen and experienced history. They have seen all the ups and downs of the economy of the world. And they know how to grit their teeth even after taking a loss. They come out winners. and they don't try get rich fast by gambling away all the money they have.
Luck is definitely a factor but it is not a scientific means for you to gamble your money.
If you want to save your money buy land, cattle and do farming. They grow in value without fail.
Now that I have said that aloud let me give you my advice.
1. Always watch and learn about the market you want to invest in. Don't just go all in without knowing anything and losing all of your money and then say that everything is a scam.
2. Don't be greedy. Please. Be attentive, read and learn before taking risk. Use all the tools available for crypto. Listen to successful traders who have build their career over many years.
3. Patience is the key. In crypto, alts or $BTC or $Eth prices always revisit unimaginable lower prices. Target that.
4. When market has extreme fear that is when you start investing.
5. If have 1000 usd in your bank, invest only 100. You must eat and live and pay bills.
6. Always buy the lowest amount allowed on an exchange. like for binance it's 6usd. Invest and wait for the next 24 hours. if you find the price till down invest 6usd gain. Keep oing this until you have invested 50 usd then wait another week to see the market. If it is still low then leave it there and don't invest anymore in the month.
7. Winners are those who doesn't lose money.
Now, you can either trade or invest in airdrops.
Thanks for you patience.