Basic rules in cryptocurrency Investment

[Enxx]

Many people have lost there money on cryptocurrency Investment. Cryptocurrency Investment is one of the safest Investment but one thing that most people that lost there money while trying to invest is because they lack patient. Patient is the basic thing needed to be a successful cryptocurrency investor.

 

[Golden9]

To make money in crypto, it's very important to have adequate knowledge about the strategy you choose, while maintaining the discipline to follow the rules and being patient. Most people lose money in crypto because of greed.

 

[Niyi Briggs]

Don't be greedy in crypto trading. Do it one step at a time. Take calculated risks and don't be emotional or erratic in trading. Let logic supersede.

 

[Magnus2022]

I think the most important basic rule when it comes to cryptocurrency investment is to invest only when you have done your research. Don't be pressurized or persuaded to make investment, you don't know much about.

 

[Suba]

When you have decided to become a crypto investor, then you are also prepared to accept losses, there are several investment strategies that you can apply such as buying crypto when prices are cheap and selling when prices are high, hold for the long term, while waiting for prices to rise you can make passive income by staking and Earn.

 

[hastral45]

Crypto trading requires skill and end experience. You must learn how to trade in the market and use your expertise to analyze market.

 

[gammarays]

Seasons are very important in crypto. Many occurrences happen. It's not advisable to hold tokens during the bear market because they'll dip making one lose money.

 

[eldavis]

Before Making an investment in crypto currency, make sure you understand what investment in crypto currency really means and as well make some research on which coin to invest in before investing.

 

[Suba]

Before Making an investment in crypto currency, make sure you understand what investment in crypto currency really means and as well make some research on which coin to invest in before investing.

If you are confused about choosing crypto for investment, you should only focus and choose bluechip crypto, especially Bitcoin and Ether, because they have large liquidation and high market cap, so you don't have to worry about big losses.

 

[Sophie]

The best advice that can be given to anyone who want to invest in any business is to make sure that the amount put in can be risk bearable
Therefore if you want to invest in cryptocurrency you ought to put in an amount that is risk bearable