#1 guide to make You good?
The guide to make You perfect in crypto does not exist, every investment is risky and has potential to lose part or even all of Your investment.
Even the professionals who are there from day 1, make mistakes and that is main reason why everyone is yelling DYOR.
DYOR stands for do your own research. Why is that? Because crypto is still new. Every day is giving new challenges to all the crypto world. Starting from legendary tweets by Elons tweets which increases the price of the tokens he mentions in so called "secret" and going as deep as China banning most of the crypto tokens which leads to a drop in value of crypto assets.
Can anyone predict it? Yes, people who are doing research and takes a gamble on the information they found to be true.
Can they be 100% sure? No, variables changes all the time, it wasn't first attempt to ban Crypto in China.
How can You be better at it? Best way to master the trade is by knowing what are You trading.
How many of You have read the whitepaper of Bitcoin? Or the whitepaper of a coin You are invested the most? (For me it would be CRO)
The biggest mistake people do while investing in Crypto is watching those ADS on facebook or by blindly trusting anything they find on other social media.
Even Your most favorite influencer might take advantage of You.
So the tip I promised is: Read the whitepaper of Bitcoin or whitepaper of any coin You want to invest more than You usually do. By doing that You will be putting money in the project You learned about You will invest money. By putting Your money in something random You will be gambling Your money.
What other reads You could recommend? Write them down below!