Recently, more and more people are getting into cryptocurrency. Some advice for newbies.
1. The first thing to do when entering the currency circle is not your key not your crypto wallet. Buy a cold wallet first. If you don’t hold the currency yourself, the money is not yours.
2. Cherish your life and stay away from contracts. Staying away from contracts will help you live several more years and make your life happier.
3. Just buy Bitcoin without using your brain. Passive DCA. Time is your friend. After a bull and bear cycle, you will find that your wealth has expanded a lot.
4. There is never a shortage of opportunities in the currency circle. Any currency that has skyrocketed several times should never chase higher. When you know the currency, it has already been hyped.
5. DYOR Don’t listen to anyone who says that the currency will explode or buy the currency impulsively. Before the news comes out, smart money has already bought it and just wait for the leek to take over.
Those who can stay in the virtual currency market for a long time are the ones who can really make money.