LIVEHi, just quick reminder for all !
Experience from guy with 4+ years and all mistakes made, not thousand in crypto so avarage users focus please, new or older in crypto :)
1. Dont FOMO, that is usually too late to join.
2. Dont buy just the day coin is listed, let it settle
3. Read a lot, study!
Follow only couple influencer if you must.
Make practise account and try that way too.
4. Dont put all eggs on same basket. I would say safe would be 65-80% in stable coins (top ~15 coins what to hold), 20-35% to very volatile coins.
5. Dont get emotional.
6. Analysis etc are very good, but i have noticed some very big whales can make a lot waves, so its not always up to anything than just fomo what can bring gains, or losses.
7. Keep usdt for potential dibs, and dont even then spend all on those buys.
8. If you search new coins to buy or new to you, look market cap, recent activity, distrubution (team having a lot % of coins is a red flag).
Oh, and atleast on bull, top gainers usually go down very quickly, so have look atleast for a while it before jumping, so wait to dib, sometimes it can take just 15mins to go down a lot and then keep going up a lot more.
9. If you are new or even older, dont do futures and with leverage, its a risky (even yes potential is for a huge gains).
So i would say go on spot trading that way you can sell / buy even every minute if you want, but remember hold is usually worth of it, even a day or week/months. Those stable coins can rest easily years and years, dont let up and downs affect you.
10. Last words, dont put more money than you are afford to lose! This is wild world, there can be 50% off in half day or even more, and it may get back up in very quick or many years, if at all (meme coins etc is always unsure).
Well, that was my first write in here and there was nothing new but i hope someone did atleast remember couple basics.
And its up to you, do you aim 5-20% gains or do you want to risk a lot with those potential 10-100x gains.
Enjoy the bullmarket rollercoaster!
