(1) Be realistic about the expected returns

You’ll hear exciting stories about people making insane 1000x returns. These are called moonshots and typically involve buying small-cap coins - most of which fail. You should just put a small percentage of your crypto portfolio in moonshots and consider them “gone”. If they fail, at least you expected it. In the off-chance they soar, good for you!

(2) Do proper research and invest in coins with good fundamentals

Identifying cryptocurrencies with high potential is not straightforward and requires extensive research. There are a few factors you can consider to help, such as the core team members (what are their credentials, have they successfully built tech before), adoption metrics (e.g. number of users, revenue), quality of technology, and token velocity (i.e. percentage of tokens staked or locked up). My personal picks would include BITCOIN, ETHEREUM, SOLANA, LUNA, VET, ENJ, ALGO, AAVE, THETA.

(3) Take time to read and learn about crypto developments

The world of crypto is constantly developing. Other than sending money, cryptos are being used for purposes like decentralized finance, NFTs (non-fungible tokens) and web 3.0 applications. For example, PRE is a Web 3.0 decentralized search engine with a market cap of only $114M, but Google has recently announced that it will be adding Presearch as a default option on all new Android devices in the UK and EU, thus potentially tapping on the 70% of smartphone users that use the Android operating system in Europe. Increasing your knowledge would enable you to make a better judgement and not fall easily into hypes and scams. In particular, I do not recommend investing in memecoins with no use cases.

Hope that helps!

Whether it's safe to buy or sell Ethereum depends on a number of factors, including the crypto market's volatility, your investment goals, and your risk tolerance:

Market volatility
The crypto market is highly volatile and unstable, so even digital assets with large market capitalizations aren't reliable. $ETH
Portfolio diversification
Ethereum is the second-largest cryptocurrency in the world, making it a good tool for diversifying your portfolio.
Ethereum's potential
Ethereum has a strong position in DeFi, NFTs, and smart contract capabilities, which could lead to future growth. Some say that Ethereum's long-term prospects are compelling, and that it could reach valuations higher than its all-time high.
Market trends and technological developments
These are key factors that affect Ethereum's future value.
Institutional investors
If top institutional investors are unwilling to put their money into Ethereum ETFs, that could be a sign that something is wrong.
Before investing in Ethereum, you should: Research the market, Study how the blockchain has changed, Learn about the Ethereum team's plans for the near future, and Familiarize yourself with macroeconomic indicators.
$SOL Coming Up In Next Update