10 Commandments of Crypto Investing for Newbies

10 Commandments of Crypto Investing for Newbies

By cryotosensei | CryptoSensei | 15 Aug 2022


For crypto newbies who want to dip their toes in the shark-invested waters but yearn for some principles to help them draw boundaries:

 

  1. Never invest money you can’t afford to lose
  2. Not your keys, not your coins
  3. Don’t doxx yourself on the Internet. You don’t want to make yourself a target
  4. Do Your Own Research
  5. YouTube is for cute cat videos, Not Financial Advice
  6. Don’t flaunt the size of your portfolio
  7. DCA (Dollar Cost Averaging) all the way
  8. Don’t FOMO (Fear of Missing Out). Just HODL
  9. No one ever died from taking profits
  10. So plan your exit strategy AND re-entry strategy

 

How many of these commandments do you fervently follow? Any other commandments that should be added to this list instead?

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cryotosensei
cryotosensei

budding investor


CryptoSensei
CryptoSensei

chronicles of an English teacher

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