Topic: 3 important rules to keep in mind before entering the crypto market (Read 48 times)

Some rules that you need to keep in mind before stepping into any market.


Investing in e-money has exploded into a form of worthwhile investment recently, as the number of millionaires and billionaires suddenly increased at the end of 2017. Of course the consultation of the Prior to buying a coin or token, many people find it difficult to grasp the rules, so they often decide to go straight to the investment after they are satisfied with the prices and speculations surrounding them. electronic money. In this article, I will outline three important rules that investors should not ignore.

Do not put all the eggs in one basket

Despite the fact that property is purchased for its potential will achieve a positive growth in the future, no one can guarantee 100% that you will succeed. Investing in electronic money is like planting corn. Just as the grower is expecting the finished product, he can not be sure 100% of the seeds will die in the soil or grow as expected, so he will have to sow many seeds in the cornfield.


In the 1990s, a lot of stock investors bought Yahoo, completely ignored Facebook, Google and Amazon. In the long run, neglected properties have risen beyond imagination. So diversifying your e-money portfolio is a very important act to reduce your risk and make you happier than people who only buy one type of asset.

Patience is very important

Many people seem to be confused by the concept of investment and trading. Before entering the market, you should understand that investing is a long-term activity, whereas trading is just a short-term interaction.

Anyone who invests in electronic money must understand that he is putting his money for more than a year. As for the money market with so much volatility, you can not expect to become a billionaire in just one day.

When Kristoffer Koch bought $ 5000 worth of Bitcoins in 2009, he spent about four years earning $ 886,000, which is surprising. We recommend investing some money that you can afford to lose in order to avoid a quick withdrawal in the early stages.

Consider Circulation Supply

Any electronic money traded at higher prices has a small supply. In crypto investment, the supply of circulation is even more important than price. People look at the tokens for less before buying.

Electronic money is low cost but large supply will take many years to reach double digits. This happens because the price is calculated by dividing the supply by market cap. In this case, the market capitalization needs to exceed the circulation supply for more than one dollar.

Bitcoin is working well as it has only 17 million circulating supplies. Ripple has more than $ 130 trillion in circulation with a large cap, but trading under a dollar. If the ripple has a current supply of 17 million Bitcoin, its current market cap will push prices up.

Most electronic money with up to 150,000 million in circulation supplies is a good investment, because with the right team, they are likely to be "to the moon" in the future.