10 Tips for First-Time Crypto Divers (And Don't Want to Drown)

#новичок So, you've decided to get into cryptocurrency? Great! But remember: this isn't a get-rich-quick scheme, but rather a ride that shakes you up and down. To avoid becoming the hero of the "buy at the peak, sell at the bottom" memes, here are some simple tips.$BTC $HMSTR $ETH

1. Learn the basics, like the multiplication table.

Blockchain is not just a smart word to impress friends. Understand what it is and how it works. Also, learn why "I forgot my wallet password" is not just a joke, but a tragedy.

2. An exchange is like a supermarket, but for crypto.

Choose large and reputable platforms. Don't visit dubious sites – behind a "super favorable deal" often stands a hacker.

3. Security first.

A private key is like a password for Wi-Fi, but more important. Don't even tell it to your dog.

4. Invest only as much as you can afford to lose.

Imagine that you accidentally dropped this money in the toilet. If you are ready for such a scenario – you can invest.

5. Think with your head, not your emotions.

The price skyrocketed? Cool, but don't rush to buy. The price dropped? That's also not a reason to shed tears – this is crypto, it happens every day.

6. Make sure the project is not "another genius startup."

Before buying crypto, read about the project. If they promise a "revolution in the world of money," but the team consists of three students – think twice.

7. Keep your money not only on the exchange.

An exchange is like a wallet in your back pocket. Better buy a "hardware" wallet (like Ledger). Yes, it's expensive, but your nerves are worth more.

8. Don't fall for advertising.

If some guy on Instagram says he made millions in crypto – it's probably Photoshop and a one-day Lamborghini rental.

9. Learn about taxes.

Yes, yes, even in crypto, the government won't forget about you. Don't ignore this if you don't want surprises.

10. Practice with small amounts.

First, buy something for 10 dollars. Better yet – for 5. Learn to use a wallet, and only then think about millions.

And most importantly, remember: crypto is not a race, but a marathon. Here, the patient win, not those who try to become rich overnight. Good luck!