A strong cycle is coming, so we must follow these 5 commandments to avoid making investor mistakes:
1. Don't sell ahead of time: Crypto is a volatile market full of ups and downs. Don't panic and sell when prices drop. It is better to take advantage of falling moments to buy cheap and increase your position. Think long term and be patient
2. Invest what you can afford: This is the classic golden rule of investments. Don't risk more than you can handle. This way you will avoid stress and anxiety that can affect your health and performance. Invest a small part of your savings and don't go into debt.
3. Research the project you are going to invest in: Don't be seduced by promises of quick and easy profits. There are many crypto projects that are scams or have no future. Before investing, do extensive research on the project's team, vision, technology, community, and competition. Make sure it has real value and growth potential.
4. Learn every day: The world of cryptocurrencies is very complex and changing. It's not enough to know the basics. You should stay up to date with news, trends, analysis and expert opinions. Look for trusted sources and learn from them. You can also join groups, forums and social networks where you can exchange information and advice with other crypto enthusiasts.
5. Don't doubt the value of Bitcoin: Bitcoin is the king of cryptocurrencies and the store of value par excellence. Don't be fooled by market fluctuations. Bitcoin has a strong track record and an advantage over other currencies. You must know what you invest in and trust its potential. Sooner or later, you will have to convert your altcoins to btc. Do not hesitate.
Crypto Tank.
