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Topic: Your most important crypto advice? - page 5. (Read 844 times)

full member
Activity: 168
Merit: 138
cout << "Bitcoin";
June 25, 2024, 06:17:44 PM
#12
1. Don't make your decisions based on short market fluctuation
2. Invest what you can afford to lose
3. Handle your emotions properly
4. Stay updated with the current happenings and rumors
5. Learn to make research often, and choose decentralization over centralization in every aspect(I think this point will make you decide on what wallet to use).
legendary
Activity: 1862
Merit: 1518
June 25, 2024, 04:50:40 PM
#11
My most important crypto advice is "not your keys - not your coins" because it is simply a very important advice, where we should be aware to have real access to our coins and don't need to rely on a middleman. Bitcoin is clearly designed as a P2P currency.
Of course, this is one of the best and most important tips that you mentioned for beginners. Following this advice closely is the use of a reliable hardware wallet, as it offers more secure holdings for the investor's assets with its high-security methods and excellent features that make it resistant to hacking. Also, one of these hardware wallets must be purchased directly from its manufacturer rather than from unauthorized markets. The security methods of the hardware wallet, such as recovery options, wallet access, and PIN codes, should be known only to the wallet owner and no one else.

Also, among the tips that I consider important are gaining experience and educating oneself. The more you increase your knowledge in this field through reading, learning, and understanding what you don't know, the more resilient you will become, leading to success as an investor and trader.
hero member
Activity: 3038
Merit: 634
June 25, 2024, 04:31:43 PM
#10
Be lowkey, don't be too talkative.

When people asks you about your crypto holdings, it's always best to just stop the conversation and tell them that you've sold.

Those type of people just want to know how much you're in or out with your holdings. And with that, you are only giving them the idea on how much your assets are into crypto.
member
Activity: 197
Merit: 46
June 25, 2024, 04:29:44 PM
#9
Never be distracted
Hold
Beware of scammers
Don't be in a hurry
Take a risk

These are my own advice for crypto.
See how crypto have helped so many young people in the society I would advice everyone to take the risk in crypto and while taking these risk also beware of scammers because whatever thing money is involved there must be scam as well.

Then learn how to hold your crypto don't be in a rush don't listen to side talks just make your research and always be updated in whatever crypto business you do. Most people fall the victim selling their crypto currencies because they had double mind or want to make sharp money but don't be in a hurry always remember to hold onto what you've got.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
June 25, 2024, 02:07:29 PM
#8
DYOR = Do your own research as everyone says, you should be responsible for your actions if you acknowledge that it means now you are ready to fly, as you know the cost.

ABC = Always be careful, with your fund's security its as easy as ABC, just keep a strict eye on every application you use, avoid unnecessary junk apps, and never lick every link whether it's from a good source or not.

Be patient, this is where maximum of the new crypto investors lack, so try to adopt it.
hero member
Activity: 700
Merit: 673
June 25, 2024, 01:33:08 PM
#7
1.  Buy
2.  HODL
3.  Not your Keys - Not Your Coin
4.  Keep your mouth shut.

5.  See #4
Keeping your mouth shut is one of the most important ways to protect one's privacy, aside from keeping your private keys and phrases safe from the eyes of others.
 
Some of the theft cases that I have read online are due to how lousy the holder is, which attracts people to either set hacking traps or physical attack robbing.

If some people can learn how to keep their mouths shut, their chances of protection for their holdings will increase.
legendary
Activity: 944
Merit: 1026
June 25, 2024, 11:39:26 AM
#6
1.  Buy
2.  HODL
3.  Not your Keys - Not Your Coin
4.  Keep your mouth shut.
5.  See #4
member
Activity: 239
Merit: 59
a young loner on a crusade
June 25, 2024, 11:36:15 AM
#5
Be honest.
Be private.
legendary
Activity: 3136
Merit: 3213
June 25, 2024, 11:06:28 AM
#4
Learn all the Basics around and about Bitcoin and the Blockchain to understand how it works.
If you invest , only invest the money you are willing to lose so it dosnt break your neck when its gone.
The most important is dont trust anybody that promise you the big win.
Do you research before you clicking on Links or downloading something that have to do with Crypto (Wallets , Mining Software and so on.
hero member
Activity: 714
Merit: 521
June 25, 2024, 10:35:09 AM
#3
1. Avoid scam
2. Learn more and more each day about cryptocurrency
3. Don't expose your private keys
4. Do things all by yourself
5. Maintain security and privacy
6. Don't invest on shitcoins
7. Don't be greedy
8. Don't be hasty
9. Avoid overconfidence
10. DYOR
hero member
Activity: 644
Merit: 661
- Jay -
June 25, 2024, 10:31:20 AM
#2
Do your own research.

- Jay -
member
Activity: 329
Merit: 22
June 25, 2024, 10:13:07 AM
#1
What is your most important crypto advice?
Please share here and also add a short comment why it is your most important crypto advice.

My most important crypto advice is "not your keys - not your coins" because it is simply a very important advice, where we should be aware to have real access to our coins and don't need to rely on a middleman. Bitcoin is clearly designed as a P2P currency.
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