Elon Musk once said: If you truly understand the dynamics of the market, money should flow to you. And every time he writes about Doge I wonder who is really benefiting.

So if you are on the hunt for that investment that could catapult you from zero, you really need to know this:

1. Master your investment: There is a reason Warren Buffett has argued that it is crucial to thoroughly understand what you are investing in before taking the plunge. It is not enough to know that a crypto is booming and go out and buy it as happened with Doge and will continue to do, you must first understand its purpose if it has one.

2. Research the development team: Behind every solid project, there is a solid team. Research who the developers are, what their track record is, and whether they have the necessary experience to materialize their vision. Look at what is happening with chitcoins on SunPum.

3. See the utility: Cryptos are not all the same. Some are designed to be digital currencies, others to support specific blockchain projects. The utility of a currency can be a determining factor in its long-term value, the plus.

4. Diversify wisely: If you know how to diversify, do it. If not, you're better off staying away and following an index. Diversification seeks to mitigate risks and increase your chances of profit. Without a proper strategy, you could end up with significant losses in the long run.

5. Volatility: Friend/Foe: Volatility can scare many, especially newbies. But remember, don't rush to sell at a loss on every dip. Patience can be your best ally if you know what you're doing.

6. Actively manage your portfolio: Investing can be a path to profitability or a path of loss. So automate your portfolio or manage it yourself efficiently.

"When something is important enough, you do it even if the odds are not in your favor." Elon Musk

These are times of reading.