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HA Demigod
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HA Demigod
Asked: December 8, 20212021-12-08T05:21:21+00:00 2021-12-08T05:21:21+00:00

New investor – tips appreciated

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Hi guys, I just wondered what tips you guys could give to a relative novice? What are the best ways to keep track of performance? What sites do you use for trading, buying etc? How do start with looking into the background and credibility of a coin? Any recommended podcasts or content to check out, or books and educational resources you found useful? There’s so much information online that varies from useful to pushing an ulterior motive – I find hearing experiences from real people so much more helpful, so would love to hear what you guys think. Thanks in advance

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  1. relaxxed_
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advice I have is what someone once told me: If you can’t handle 50% swings, you can’t handle crypto.

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  2. kajunkennyg
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    You mean 90% swings….

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  3. Scarboroughwarning
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Start with researching and understanding blockchain technology; that will open up a path for you to follow.

    I also don’t think you can beat good old Excel for portfolio tracking. Plenty of API feeds you can use fore live data.

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  4. Bad_Guilty
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Learn a lot.
    Podcasts: .

    Bitcoin Audible(I’d start here)-Reads the best papers and articles etc in the space and unpacks them. (his beginner playlist: https://open.spotify.com/playlist/7zOOv18Pq8Tm17yRvMoneF?si=1188470d741040d8) Beginner to advanced. Hardcore Bitcoiner. Because most good articles are read here, I won’t bother listing the best papers in this post, just check out his episode list if you want to read rather than listen.

    The Investor’s Podcast-advanced bitcoin macroeconomics, and traditional investing.

    Swan Signal-More great intermediate and advanced Bitcoin knowledge. Hardcore Bitcoiners.

    What Bitcoin Did-A Beginner/Intermediate guide. Foul language warning.

    Lets Talk Bitcoin-How Bitcoin can help freedom, and help underserved and unbanked

    Tales From The Crypt- Hardcore Bitcoiners and miners with current events.

    What is Money: Robert Breedlove goes in deep with long form interviews about the nature and philosophy of money and Bitcoin.

    Top guests to listen to in the podcasts(there are probably many others but these are the ones that stand out imo): Bitcoin and Macro: Michael Saylor, Luke Gromen, Lyn Alden, Nic Carter, Alex Gladstein, Jeff Booth, Preston Pysh, Greg Foss, Nik Bahtia, Andrew Quittem, Parker Lewis, Vijay Boyapati, Gigi, Andy Edstrom Chain Analysis: Willy Woo, William Clemente(kraken and glassnode also have a chain analysis newsletter) Tech gurus: Andreas Antonopolous, Jameson Lopp, Adam Back, Nick Szabo, Shinobi, Jack Mallers, Matt Odell/MartyBent, Andrew Poelstra, Mark Carvahlo.

    Books: The Bitcoin Standard(great intro book), Layered Money, The Internet of Money(great intro book), Debt the First 5000 Years, Inventing Bitcoin, 21 lessons What Ive learned from Bitcoin, The price of Tomorrow, The Bullish Case For Bitcoin(great intro book) and The Blocksize Wars were good.

    Resource pages: https://www.lopp.net/bitcoin-information.html and https://www.lopp.net/lightning-information.html

    Publications: Bitcoin Magazine

    This isn’t an exhaustive list, just the best ones I have honed in on so far. Several runners up Podcasts if you want more; Pomp, Real Vision, Stephan Livera Podcast, Bitcoin Magazine Podcast, Bitcoin made Simple, Closing the Lopp, Bitcoin Rapid Fire, Blockware Intelligence, Bitcoin Matrix, Bitcoin Knowledge, Citizen Bitcoin, Bitcoin Sessions, On the Brink, and Bitcoin Standard Podcast.

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  5. djuro94
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Hi u/Eislemike 👋

    That’s an exhaustive and well compiled list 🙌🏻

    Here is the Link to Kraken Intelligence Report. You can subscribe to them to get the reports delivered to your mail as soon as they are released.

    PS: These reports are really detailed and one of the best way I try to keep myself updated about new happenings in the crypto space.

    – Pluto from Kraken 🐙

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  6. AutoModerator
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    best tip I can give you, admit you don’t know a shit about fuck 🙃

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  7. Elie0_0
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    One big tip: always take profits!! Make sure along the way up you always take small profits. Say a few percents every week. At first you might think it’s stupid because you’re missing out on profit but you will hate yourself when it drops if you don’t have fiat to buy the dip

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  8. AutoModerator
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Slowly build up your portfolio and only look at your app maximum once per day(I would advise once every week tbh).

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  9. drhodl
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Beware of scam messages in your inbox

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  10. Baby Giant
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    The only tip I can give regarding DYOR is to stay away from crypto youtubers and the Shitcoins they shill to their unsuspecting audiences

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  11. Saroar Alam
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Do as much research as you can on a coin. Put some relatively safe bets in Bitcoin and or ethereum. Do not invest more than you can lose.

    Don’t take this subreddits advice as gospel.

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  12. gianfranco battipaglia Begginer
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advices: Resist FOMO; do not leverage yourself into crypto; only spend what you can lose.

    Where to buy: I use Binance.

    Best info: As a started, I liked decrypt.co and CMC Alexandria. Now I mostly use Coin Bureau on Youtube.

    Keep track of performance: I like CMC portfolio. Simple and gives all that I need to keep track of.

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  13. GCFunc
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    DCA in, never panic sell.

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  14. CommunityInvestor
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    As a lot will say don’t spend what you can’t afford to lose, but also don’t spend money that you need back in the short term either, because your most likely end up selling at a loss. Crypto is a long game.

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  15. OldBoySleezyP
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Only put money in you would be okay with losing

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  16. WorthMarsupial6101
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Can you handle the truth?!

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  17. vicecityfever
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t make decisions based on emotions

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  18. lebyath
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advice: do the opposite of what this subreddit says and you will be rich in no time!

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  19. Malixshak
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    DYOR

    Buy low

    DCA

    HODL

    Don’t panic sell

    Use fear and greed index

    Sell high

    Don’t share your seed phrase

    Don’t listen to youtubers/influencers

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  20. djuro94
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t mindlessly follow what you see on Reddit.

    Research projects, figure out whether there are actual use cases or if it’s just a fad.

    Don’t over diversity. Expect large swings in both directions. Don’t FOMO, things WILL come back down.

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  21. Zero7697
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Do your own research!

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  22. Zarkorix
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Rule #1

    Never answer any DMs (direct messages) as they try to scam you in 99%.

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  23. Jxntb733
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t listen to youtubers/influencers as they most likely get paid to promote scam coins rugpulls etc.

    You can watch reviews of a project on youtube to see how it works pros and cons but stay away from people who yell’ GUYS THIS IS A 1000X INVESTEMNT OPPORTUNITY’

    DYOR.

    If you gonna trade on exchange binance for example enable all possible security features.

    Set a pin on your sim card.

    Personally i disabled biometrics from the app login and use 6 digit pin code. Enable 2fa on sending and withdrawing funds.

    Don’t store your wallet seed in the clod/computer/email drafts etc.

    Double,triple check the website url when you import your wallet.

    Start DCA in Eth BTC and in the meantime research altcoins. Dont be afraid to buy the dips.

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  24. Dx56Bill
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    dont spend it all on r/nanogonewild

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  25. darwin101590
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    If you want safety or more risk averse, start from the top and work your way down the coin by market cap.

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  26. Wise-Grapefruit-1443
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advice I have is what someone once told me: If you can’t handle 50% swings, you can’t handle crypto.

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  27. zeFrogLeaps
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    You mean 90% swings….

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  28. GabeSter
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Start with researching and understanding blockchain technology; that will open up a path for you to follow.

    I also don’t think you can beat good old Excel for portfolio tracking. Plenty of API feeds you can use fore live data.

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  29. 2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Learn a lot.
    Podcasts: .

    Bitcoin Audible(I’d start here)-Reads the best papers and articles etc in the space and unpacks them. (his beginner playlist: https://open.spotify.com/playlist/7zOOv18Pq8Tm17yRvMoneF?si=1188470d741040d8) Beginner to advanced. Hardcore Bitcoiner. Because most good articles are read here, I won’t bother listing the best papers in this post, just check out his episode list if you want to read rather than listen.

    The Investor’s Podcast-advanced bitcoin macroeconomics, and traditional investing.

    Swan Signal-More great intermediate and advanced Bitcoin knowledge. Hardcore Bitcoiners.

    What Bitcoin Did-A Beginner/Intermediate guide. Foul language warning.

    Lets Talk Bitcoin-How Bitcoin can help freedom, and help underserved and unbanked

    Tales From The Crypt- Hardcore Bitcoiners and miners with current events.

    What is Money: Robert Breedlove goes in deep with long form interviews about the nature and philosophy of money and Bitcoin.

    Top guests to listen to in the podcasts(there are probably many others but these are the ones that stand out imo): Bitcoin and Macro: Michael Saylor, Luke Gromen, Lyn Alden, Nic Carter, Alex Gladstein, Jeff Booth, Preston Pysh, Greg Foss, Nik Bahtia, Andrew Quittem, Parker Lewis, Vijay Boyapati, Gigi, Andy Edstrom Chain Analysis: Willy Woo, William Clemente(kraken and glassnode also have a chain analysis newsletter) Tech gurus: Andreas Antonopolous, Jameson Lopp, Adam Back, Nick Szabo, Shinobi, Jack Mallers, Matt Odell/MartyBent, Andrew Poelstra, Mark Carvahlo.

    Books: The Bitcoin Standard(great intro book), Layered Money, The Internet of Money(great intro book), Debt the First 5000 Years, Inventing Bitcoin, 21 lessons What Ive learned from Bitcoin, The price of Tomorrow, The Bullish Case For Bitcoin(great intro book) and The Blocksize Wars were good.

    Resource pages: https://www.lopp.net/bitcoin-information.html and https://www.lopp.net/lightning-information.html

    Publications: Bitcoin Magazine

    This isn’t an exhaustive list, just the best ones I have honed in on so far. Several runners up Podcasts if you want more; Pomp, Real Vision, Stephan Livera Podcast, Bitcoin Magazine Podcast, Bitcoin made Simple, Closing the Lopp, Bitcoin Rapid Fire, Blockware Intelligence, Bitcoin Matrix, Bitcoin Knowledge, Citizen Bitcoin, Bitcoin Sessions, On the Brink, and Bitcoin Standard Podcast.

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  30. theyokesonyou44
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Hi u/Eislemike 👋

    That’s an exhaustive and well compiled list 🙌🏻

    Here is the Link to Kraken Intelligence Report. You can subscribe to them to get the reports delivered to your mail as soon as they are released.

    PS: These reports are really detailed and one of the best way I try to keep myself updated about new happenings in the crypto space.

    – Pluto from Kraken 🐙

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  31. TheBigGroup
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    best tip I can give you, admit you don’t know a shit about fuck 🙃

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  32. Rizla_TCG
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    One big tip: always take profits!! Make sure along the way up you always take small profits. Say a few percents every week. At first you might think it’s stupid because you’re missing out on profit but you will hate yourself when it drops if you don’t have fiat to buy the dip

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  33. ShingaMi505
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Slowly build up your portfolio and only look at your app maximum once per day(I would advise once every week tbh).

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  34. Amiable Writer Begginer
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Beware of scam messages in your inbox

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  35. thecryptogalaxy
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    The only tip I can give regarding DYOR is to stay away from crypto youtubers and the Shitcoins they shill to their unsuspecting audiences

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  36. DaddySkates
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Do as much research as you can on a coin. Put some relatively safe bets in Bitcoin and or ethereum. Do not invest more than you can lose.

    Don’t take this subreddits advice as gospel.

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  37. Bad_Guilty
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advices: Resist FOMO; do not leverage yourself into crypto; only spend what you can lose.

    Where to buy: I use Binance.

    Best info: As a started, I liked decrypt.co and CMC Alexandria. Now I mostly use Coin Bureau on Youtube.

    Keep track of performance: I like CMC portfolio. Simple and gives all that I need to keep track of.

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  38. Wess-L
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    DCA in, never panic sell.

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  39. Bad_Guilty
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    As a lot will say don’t spend what you can’t afford to lose, but also don’t spend money that you need back in the short term either, because your most likely end up selling at a loss. Crypto is a long game.

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  40. pbjclimbing
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Only put money in you would be okay with losing

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  41. Hrisvan
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Can you handle the truth?!

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  42. GrittyMcGrittyface
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t make decisions based on emotions

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  43. Fund93
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advice: do the opposite of what this subreddit says and you will be rich in no time!

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  44. DadofHome
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    DYOR

    Buy low

    DCA

    HODL

    Don’t panic sell

    Use fear and greed index

    Sell high

    Don’t share your seed phrase

    Don’t listen to youtubers/influencers

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  45. OfficialNewMoonville
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t mindlessly follow what you see on Reddit.

    Research projects, figure out whether there are actual use cases or if it’s just a fad.

    Don’t over diversity. Expect large swings in both directions. Don’t FOMO, things WILL come back down.

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  46. 7SevenIsHeaven7
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Do your own research!

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  47. Yurga
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Rule #1

    Never answer any DMs (direct messages) as they try to scam you in 99%.

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  48. StreetsAhead123
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t listen to youtubers/influencers as they most likely get paid to promote scam coins rugpulls etc.

    You can watch reviews of a project on youtube to see how it works pros and cons but stay away from people who yell’ GUYS THIS IS A 1000X INVESTEMNT OPPORTUNITY’

    DYOR.

    If you gonna trade on exchange binance for example enable all possible security features.

    Set a pin on your sim card.

    Personally i disabled biometrics from the app login and use 6 digit pin code. Enable 2fa on sending and withdrawing funds.

    Don’t store your wallet seed in the clod/computer/email drafts etc.

    Double,triple check the website url when you import your wallet.

    Start DCA in Eth BTC and in the meantime research altcoins. Dont be afraid to buy the dips.

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  49. EntertainmentSlow380
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    dont spend it all on r/nanogonewild

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  50. wishicouldthinkofa
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    If you want safety or more risk averse, start from the top and work your way down the coin by market cap.

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  51. illintent99
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advice I have is what someone once told me: If you can’t handle 50% swings, you can’t handle crypto.

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  52. Charming-Dance-1839
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    You mean 90% swings….

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  53. Robert Edwards Begginer
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Start with researching and understanding blockchain technology; that will open up a path for you to follow.

    I also don’t think you can beat good old Excel for portfolio tracking. Plenty of API feeds you can use fore live data.

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  54. D3V1LSHARK
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Learn a lot.
    Podcasts: .

    Bitcoin Audible(I’d start here)-Reads the best papers and articles etc in the space and unpacks them. (his beginner playlist: https://open.spotify.com/playlist/7zOOv18Pq8Tm17yRvMoneF?si=1188470d741040d8) Beginner to advanced. Hardcore Bitcoiner. Because most good articles are read here, I won’t bother listing the best papers in this post, just check out his episode list if you want to read rather than listen.

    The Investor’s Podcast-advanced bitcoin macroeconomics, and traditional investing.

    Swan Signal-More great intermediate and advanced Bitcoin knowledge. Hardcore Bitcoiners.

    What Bitcoin Did-A Beginner/Intermediate guide. Foul language warning.

    Lets Talk Bitcoin-How Bitcoin can help freedom, and help underserved and unbanked

    Tales From The Crypt- Hardcore Bitcoiners and miners with current events.

    What is Money: Robert Breedlove goes in deep with long form interviews about the nature and philosophy of money and Bitcoin.

    Top guests to listen to in the podcasts(there are probably many others but these are the ones that stand out imo): Bitcoin and Macro: Michael Saylor, Luke Gromen, Lyn Alden, Nic Carter, Alex Gladstein, Jeff Booth, Preston Pysh, Greg Foss, Nik Bahtia, Andrew Quittem, Parker Lewis, Vijay Boyapati, Gigi, Andy Edstrom Chain Analysis: Willy Woo, William Clemente(kraken and glassnode also have a chain analysis newsletter) Tech gurus: Andreas Antonopolous, Jameson Lopp, Adam Back, Nick Szabo, Shinobi, Jack Mallers, Matt Odell/MartyBent, Andrew Poelstra, Mark Carvahlo.

    Books: The Bitcoin Standard(great intro book), Layered Money, The Internet of Money(great intro book), Debt the First 5000 Years, Inventing Bitcoin, 21 lessons What Ive learned from Bitcoin, The price of Tomorrow, The Bullish Case For Bitcoin(great intro book) and The Blocksize Wars were good.

    Resource pages: https://www.lopp.net/bitcoin-information.html and https://www.lopp.net/lightning-information.html

    Publications: Bitcoin Magazine

    This isn’t an exhaustive list, just the best ones I have honed in on so far. Several runners up Podcasts if you want more; Pomp, Real Vision, Stephan Livera Podcast, Bitcoin Magazine Podcast, Bitcoin made Simple, Closing the Lopp, Bitcoin Rapid Fire, Blockware Intelligence, Bitcoin Matrix, Bitcoin Knowledge, Citizen Bitcoin, Bitcoin Sessions, On the Brink, and Bitcoin Standard Podcast.

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  55. Baby Giant
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Hi u/Eislemike 👋

    That’s an exhaustive and well compiled list 🙌🏻

    Here is the Link to Kraken Intelligence Report. You can subscribe to them to get the reports delivered to your mail as soon as they are released.

    PS: These reports are really detailed and one of the best way I try to keep myself updated about new happenings in the crypto space.

    – Pluto from Kraken 🐙

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  56. kajunkennyg
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    best tip I can give you, admit you don’t know a shit about fuck 🙃

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  57. Angelica Vistan Begginer
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    One big tip: always take profits!! Make sure along the way up you always take small profits. Say a few percents every week. At first you might think it’s stupid because you’re missing out on profit but you will hate yourself when it drops if you don’t have fiat to buy the dip

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  58. 17racecar71
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Slowly build up your portfolio and only look at your app maximum once per day(I would advise once every week tbh).

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  59. Chazmer87
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Beware of scam messages in your inbox

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  60. 509BandwidthLimit
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    The only tip I can give regarding DYOR is to stay away from crypto youtubers and the Shitcoins they shill to their unsuspecting audiences

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  61. Rebecca Hill Begginer
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Do as much research as you can on a coin. Put some relatively safe bets in Bitcoin and or ethereum. Do not invest more than you can lose.

    Don’t take this subreddits advice as gospel.

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  62. HF7gzNpRhVkCvKQv63Dy
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advices: Resist FOMO; do not leverage yourself into crypto; only spend what you can lose.

    Where to buy: I use Binance.

    Best info: As a started, I liked decrypt.co and CMC Alexandria. Now I mostly use Coin Bureau on Youtube.

    Keep track of performance: I like CMC portfolio. Simple and gives all that I need to keep track of.

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  63. Muhammad Bradley Begginer
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    DCA in, never panic sell.

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  64. Fund93
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    As a lot will say don’t spend what you can’t afford to lose, but also don’t spend money that you need back in the short term either, because your most likely end up selling at a loss. Crypto is a long game.

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  65. UndesirableWaffle
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Only put money in you would be okay with losing

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  66. Eth2_0isthefuture
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Can you handle the truth?!

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  67. RecognitionOk9321
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t make decisions based on emotions

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  68. TheBigGroup
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Best advice: do the opposite of what this subreddit says and you will be rich in no time!

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  69. Vintage9999
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    DYOR

    Buy low

    DCA

    HODL

    Don’t panic sell

    Use fear and greed index

    Sell high

    Don’t share your seed phrase

    Don’t listen to youtubers/influencers

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  70. Max Hobbs Begginer
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t mindlessly follow what you see on Reddit.

    Research projects, figure out whether there are actual use cases or if it’s just a fad.

    Don’t over diversity. Expect large swings in both directions. Don’t FOMO, things WILL come back down.

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  71. EGarrett
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Do your own research!

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  72. rohitsanyal
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Rule #1

    Never answer any DMs (direct messages) as they try to scam you in 99%.

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  73. Tatakae69
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    Don’t listen to youtubers/influencers as they most likely get paid to promote scam coins rugpulls etc.

    You can watch reviews of a project on youtube to see how it works pros and cons but stay away from people who yell’ GUYS THIS IS A 1000X INVESTEMNT OPPORTUNITY’

    DYOR.

    If you gonna trade on exchange binance for example enable all possible security features.

    Set a pin on your sim card.

    Personally i disabled biometrics from the app login and use 6 digit pin code. Enable 2fa on sending and withdrawing funds.

    Don’t store your wallet seed in the clod/computer/email drafts etc.

    Double,triple check the website url when you import your wallet.

    Start DCA in Eth BTC and in the meantime research altcoins. Dont be afraid to buy the dips.

    • 0
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  74. eetswa_dog
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    dont spend it all on r/nanogonewild

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  75. MissLibra915
    2021-12-10T11:08:56+00:00Added an answer on December 10, 2021 at 11:08 am

    If you want safety or more risk averse, start from the top and work your way down the coin by market cap.

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  • bitcoinBitcoin(BTC)
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