10 Rules FOR CRYPTO ROOKIES

Invest only what you can afford to lose.Always DYOR before jumping into a coin.Always Invest into coins with strong fundamentals such as ETH, ADA, Link etc.Diversification is the key but don't over diversity.If you are new to crypto, BTC and ETH are the safest.Dollar Cost Averaging (DCA) is the best stragety.Don't Leverage Trade. You will get rekt if you don't know about trading. So Spot is the best.20%, 30% and 40% dips in a bull market are normal and healthy for the market. So, don't panic sell during a dip. In 2017 bull run, we had one 40% dip, four 30% dips and three 20% dips. In this bull run, the last dip was 33% and this one 23%.HODL.Do read about BTC halving as it will give you an insight into the ins and outs of the crypto market cycle. Halvings occurred in November 2012, July 2016 and May 2020. In simple words, a bull run starts after btc halving.

Submitted February 25, 2021 at 05:31PM

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