Tricks and tips for surviving crypto

Do your research 

  • People want the same thing you want, money and they will not hesitate to rip you off and run
  • Offten compared to the '.com' bubble there are people that have no projects but will present themselves as legitimate.  

Form your own opinions 

  • You cant follow everyones advice step by step
    • Its impossible to keep people updated 24/7 in such a volatile market even from people who have good intentions 
    • Whales pump and dump small coins and icos leaving you with an asset that might not have value more than a few hours if you followed their advice.

Dont worry about the volatility, always hodl (unless you trade)

  • crypto isnt suppose to be seen as USD or Euros but as a competitor that is suppose to replace them
  • "you only lose when you sell" dont be in a rush to make quick money, youll see more success and less stress in the long run   



Sort:  

Congratulations @deeedagreat! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @deeedagreat! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!