The cryptocurrency industry can be very attractive, but newcomers should be cautious when entering.

A popular analyst advises newcomers to avoid new token launches, focus on projects with large communities, and observe how the asset handles sharp price drops.

According to Statista data, as of June 2024, the number of people exposed to cryptocurrencies has reached 617 million. Attractors include the launch of Bitcoin and Ethereum ETFs in the US, the BTC halving event, and the strong price increase in Q1 when BTC hit an all-time high above $73,000.

Crypto Tony gives three important rules: avoid new launches, study tokens with large communities such as BTC, ETH, DOGE, SHIB, XRP, and observe how the token handles sharp price drops.

Additionally, newcomers should avoid scams and not disclose personal information. It is essential to do thorough research and only invest what you can afford to lose. 📈🔍