what a newbie must know...
1) ๐๐๐ ๐๐๐ง๐จ๐ฉ ๐ฎ๐๐๐ง ๐๐ฃ ๐๐ง๐ฎ๐ฅ๐ฉ๐ค ๐๐จ ๐ฎ๐น๐๐ฎ๐๐ ๐ ๐ก๐๐๐ง๐ฃ๐๐ฃ๐ ๐ฅ๐ง๐ค๐๐๐จ.
๐๐๐ง๐ ๐๐ง๐ ๐๐ ๐ฉ๐๐๐ฃ๐๐จ ๐ ๐ฌ๐๐จ๐ ๐ ๐ ๐ฃ๐๐ฌ ๐๐๐๐ค๐ง๐ ๐๐๐ฉ๐ฉ๐๐ฃ๐ ๐๐ฃ๐ฉ๐ค ๐๐ง๐ฎ๐ฅ๐ฉ๐ค ๐งต ๐
* ๐๐ฐ๐ฐ๐ฌ๐ฎ๐ข๐ณ๐ฌ ๐ต๐ฉ๐ช๐ด ๐ฑ๐ฐ๐ด๐ต ๐ง๐ฐ๐ณ ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ ๐ณ๐ฆ๐ง๐ฆ๐ณ๐ฆ๐ฏ๐ค๐ฆ.
1๏ธโฃ Store your crypto in a personal wallet
If an exchange is hacks, so are you.
Not your keys, not your funds.
2๏ธโฃ Crypto twitter is an invaluable resource
The best info comes from unbiased individuals.
3๏ธโฃ Crypto is time consuming
This space changes every year and to keep up with everything you need to be willing to invest your time.
If not โ Invest in $BTC or $ETH.
4๏ธโฃ The market moves in cycles
There's a bear market and there's a bull market.
Invest and take profits wisely.
5๏ธโฃ It's all about tokenomics
We purchase cryptocurrency tokens and not stocks of a company.
A succesfull company or product doesn't mean a succesfull token.
The use case and value proposition is completely different.
6๏ธโฃ Token price and token valuation is completely unrelated
The available supply has a huge influence on the projects token price.
You could be buying a 0.1$ token with a higher valuation than a 100$ token.
7๏ธโฃ There is no crypto 101
There is no exact blueprint to help you with everything.
Every situation is different and the markets are ever evolving.
8๏ธโฃ There are more scams than opportunities
For every good project there are 99 bad ones.
You'll constantly be swarmed with shitcoins, ponzi's and get rich quick schemes.
Keep your guard up.
9๏ธโฃ You can't time the markets
The absolute best price doesn't exist.
Focus less on a specific price point and more on dca.
๐ Keep calm
Panic, fomo or greed will often kick in.
Staying calm at all times will always ensure you make rational decisions.
-----------------------
