18 Cryptocurrency Commandments.
1. Never buy a coin/token during its all-time high.
Wait for a pullback or correction before entering.
2. Do your own research (#DYOR ).
Never invest based on hype or others' advice without understanding the project, team and use case.
3. Invest only what you can afford to lose.
Crypto is volatile—don't put your rent or savings at risk.
4. Keep your private keys private.
Not your keys, not your coins. Use secure wallets.
5. Diversify your portfolio.
Don't put all your money into one coin or project; spread the risk across multiple assets.
6. Take profits.
Don’t wait for “the moon.” Set realistic profit targets and stick to them.
7. Beware of #FOMO (Fear of Missing Out).
Jumping into a project without a plan usually leads to losses.
8. Avoid leverage unless you’re experienced.
Margin trading can amplify gains, but it can also wipe out your account.
9. Stay updated but avoid overtrading.
Watch market trends, but don’t constantly buy and sell out of impatience.
10. Beware of scams.
If it sounds too good to be true, it probably is. Avoid shady links, unsolicited messages, and dubious platforms.
11. Understand market cycles.
Crypto runs on boom-and-bust cycles; learn to identify bull and bear markets.
12. Control your emotions.
Fear and greed are your enemies—make decisions based on analysis, not feelings.
13. Use stop-loss orders.
Protect your investments by setting automatic sell points to limit losses.
14. Secure your accounts.
Use two-factor authentication (2FA) and strong passwords for your exchange and wallet accounts.
15. Pay attention to regulations.
Stay informed about your country’s laws on crypto to avoid legal issues.
16. Don’t chase pumps.
If a coin’s price has skyrocketed, it’s usually too late to profit safely.
17. Stay patient.
Wealth in crypto often comes from holding (HODLing) good projects, not day trading.
18. Learn from mistakes.
Every loss is a lesson—review and refine your strategies.