5 Basic but "Extremely important" and accurate steps when deciding to invest in the Crypto market.
1. Careful research: I will take time to learn about potential projects, looking at factors such as technology, development team, token structure, and market opportunities.
2. Build a diverse portfolio: I will allocate capital to many different cryptocurrencies, including "blue-chip" tokens like $BTC $ETH $BNB ..... that are reputable and well-known. Potential new project with high growth potential.
3. Risk management: I will not put too much capital into a single project and will adhere to the principle of not over-speculating. I will define a fixed percentage of capital for each cryptocurrency and stick to it.
4. Maintain and update: I will continuously monitor the market and update my portfolio from time to time. This will help me reevaluate my investment strategy and adjust it when necessary.
5. Personal finances: I will keep a portion of capital in reserve in my personal finances to deal with emergencies or unexpected investment opportunities.
*If you are a new investor, I have advice for you: before thinking about huge profits like KOLs on the internet often boast, you should learn how to keep your money first, and seriously invest. Time to enter the market, Money will follow.
