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Before investing in bitcoin or altcoin


bitman007

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Posted

As we know crypto market is uncertain and many are lossing and taking wrong decision after big loss. This is small advice for new to crypto before buying bitcoin or any other altcoin : 

Make sure you: 1. Invest in yourself 2. Have savings for rent, food, emergencies, etc. 3. Learn about risk management .

An uneducated person with zero savings and no understanding of risk management will lose EVERYTHING in crypto.

Keep learning for earning here. Only invest what is ok for loss in real life. 

For me best is make coins, and hold for good days as we know it will come soon. 

What are your advice more to add ?

 

Posted

When holding coins, it will turn out better for you if your idle balance also generates some value.

Few wallets give out interest even for the PoW coins, but sadly they are operating in select countries only at the moment. Distributing your earning between a few prominent coins will be helpful also.

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