BITCOIN 10 COMMANDMENTS
#1 Never invest more than you are able to lose.
#2 Store your coins across different wallets. (For larger amount of bitcoin, HARDWARE WALLET is highly recommended) - Note: If you don’t have ownership of your private keys, you don’t own Bitcoin.
#3 Unless you trade very often, always withdraw your funds from exchanges and store them on offline wallets.
#4 Understand and respect the idea of bitcoin and the intended direction set out by the creator and developers.
#5 Take time to read news in full and assess if it is accurate and what it means, do not believe everything you read or hear.
#6 Never allow your emotions to dictate your decisions, always take time to consider decisions and remove panic/fear from them.
#7 Hold a diverse portfolio of cryptocurrencies to reduce risk. (need better suggestions: to be replace)
#8 Practice safe practices with passwords and private keys, do not ever share these with anyone under any circumstances. Give your cryptocurrency addresses instead. Always backup you wallet/private key and store it on multiple locations. (better if it is hand written)
#9 Always put secondary securities if available.
#10 Buy low,
So i was thinking of a good idea to help beginners to start their journey in bitcoin and other cryptocurrencies. Then i came into this.
Would appreciate if you can contribute some suggestions that are better than mine so I can replace other commandments to make it look more better and helpful to freshers.
-------------------------------------------------------------------------------------------------------------
Here are some of my threads that might be also helpful to you
Bitcoin Tips
Bitcoin Starter pack: https://bitcointalksearch.org/topic/bitcoin-tips-bitcoin-trading-starter-pack-2861680
The 10 Commandments: https://bitcointalksearch.org/topic/bitcoin-tips-the-10-commandments-2856970
Bullish & Bearish Flag: https://bitcointalksearch.org/topic/bitcoin-tips-bullish-and-bearish-flags-2843383
Factors that affect bitcoin price: https://bitcointalksearch.org/topic/bitcoin-tips-factors-that-affect-bitcoin-price-2867326
Avoiding Scams: https://bitcointalksearch.org/topic/bitcoin-tips-avoiding-scams-2874379