BEGINNERS GUIDE FOR CRYPTO SPACE

in #tips7 years ago

After i realize that Satoshi drooped atomic bomb of possibilities on us, whit blockchain technology,i felt its necessary to write manual guide for all new crypto enthusiast.In order to understand all this chaos and to prove that decentralized economy can work,we all must follow these five simple guidelines:
-STOP WATCH MAINSTREAM MEDIA
They know how to manipulate emotions like fear,greed...They call bitcoin a bubble,but actually this economy we live in is a real loan or credit bubble.Pyramid scheme that bursts every 50 years.It has a name: economic crisis.. Triple check every information,research all social media.Take your time dont make trade decisions based on 1 source news.Use bear market time to further research coins you have and ones you want

-DONT BE GREEDY
Do not sell all your holdings if some coin you belive in, jump 5 times for quick profit You will probably regret it.Selling coins bellow price to save some part of investement,is panic reaction increased by crushing excanges .Have faith in technology and your coins.You will not get rich in 3 months whit crypto whit few thousand dollars investment...but whit smart educated pics,is possible to do it in year or two if you hodl on to it

-CHOSE DECENTRALIZED PATH
Control your private keys, trade on decentralized platforms,be your own bank.Its looks scary but it s not,and it will get easier in time..Keep your coins in wallets.Centralised excanges are easy to use,but they control your funds and can be hacked so leave there only small amounts. Avoid controled tokens like ripple,and dont invest in similar projects..goal is free excange of information,free access to knowledge base,free market,free transactions,not same shit like now,just on different platform

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-HAVE FUN
Invest only amount that you are prepare to lose.Who knows,maybe btc will drop back to 1 dollar.. Dont stress about dollar value,instead focus on building btc number on your blockfolio. Day trade is for professionals. Trade slow in start and speed up according to your skills

-DONT LOOK FOR SATOSHI NAKAMOTO
Dont matter who he (or they) is and where is he.Did he work on one of the projects or not is irrelevant .Yeaa..but still i would like to know.. For his protection is better this way at this time,but i am shure we will find out one day..
Technology is here and its up to us how to use it.Thats the point about decentralization.Maybe Satoshi feels like this,and he give as a tool to do it
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