For an initial cryptocurrency investor, it is crucial to have a clear strategy and informed analysis. Here are some key points to consider:

1. Diversification: Don't put all your funds in a single cryptocurrency. Diversify your portfolio to reduce risk.

2. Research: Before investing, thoroughly research the cryptocurrencies you are interested in. Examines its underlying technology, development team, use cases, and community.

3. Technical Analysis: Use technical analysis tools such as price charts, moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) to identify trends and entry/exit points.

4. Fundamental analysis: Consider factors such as market adoption, future events (such as network upgrades or halvings), and news related to the cryptocurrencies you are considering.

5. Risk management: Set profit and loss limits for each trade. Don't risk more than you are willing to lose.

6. Constant monitoring: Stay up to date with market news and events that may affect your investments. Adjust your strategy as necessary.

7. Hodl vs. Active Trading: Decide if you want to adopt a long-term hodl strategy or if you prefer active trading to take advantage of market fluctuations.

Remember the Cryptocurrency market can be very volatile.#PEPE#SHIBA#ENA#W

And that volatility is what you should use to your advantage! I hope this can help you not lose 1M dollars!