What a loaded question.
You are in one of the best place to learn BUT note that as much as there are so much good info here....there is so much "noise" or bad info as well that finding the real "golden nuggets of info" becomes difficult.
The basics.
Do not invest more than you can afford to lose. Not really but a good one anyway.
The higher the risk, the greater the reward. Very true in crypto but learn to minimize your risks by going with stable/known coins & tokens first. Take more risks once you have enough knowledge.
DYOR= do your own research. Do not rely on anyone's advise at face value. Take it as a guide then research.
FUD= fear, uncertainty and doubt. This usually creates massive sell off, market crash/dip which most "seasoned" traders see as opportunities. Take advantage of it and not be a victim.
ATH = all time high. Highest price the coin/token reached.
FOMO= fear of missing out. Usually jumping in and investing w/o research...just because so and so mentioned it is the next x1000 coin or because market is buying it like a feeding frenzy by piranhas. This usually ends up in buying at ATH and followed by a dip/loss. DYOR.
Buy low, sell high. The golden mantra...when in doubt, default to this.
If I am new (or my mom asks me where to invest), my suggested portfolio (today) will be comprised of;
BTC,
ETH,
NEO,
ICX,
VEN,
XMR,
ARK,
KNC,
ELF,
QTUM,
WTC
If you can only afford a few coins, go from top to bottom of that list. Remember, this is a suggestion...use it as a go by or a starting point and DYOR.
There are lots of good info at youtube. Look for crypto videos and usually, the ones with most followers/views are good indications of good source for advise.
Coindesk, Reddit and Github are good sources of info as well.
Blockfolio is a good cellphone app to track you coins.
BTW, stay safe! There are many ways to lose money, the fastest is by getting hacked. Use strong passwords, use 2FA (two factor authentication) AND secure your wallet/exchange keys as well as 2FA keys. Save them on paper (printed) AND on a thumb drive you can store safely. NEVER on your computer where it can be accessed easily if you get hacked. Next to losing it, nothing worse than knowing you have money but you cannot access it.
Good luck!
thank you for all the info you provided
this is a valuable lesson for me to deepen about bitcoin
Because I'm also a beginner in bitcoin
