The cryptocurrency industry is a massive space that has a lot of potential for users to achieve financial freedom. It is also a potential for users to lose all their savings.

The cryptocurrency space is full of good tokens that is designed for users to hold for long term in the hope that it will appreciate in value. But choosing a token to hold for long term requires a lot of research and thinking. 

So how do you choose a good token from thousands of tokens that is vying your attention?

First,make a thorough research. Check out its websites,social medias,markets and availability. Check also security factors such as audits and back up plan.

Second, learn how to dollar cost average.The fees and prices varies everyday. Do not wait for dips but instead learn how to effectively apply DCAing.

Third,do not FOMO. Simply because the token is the talk of the town does not mean it is a good token. The fear of missing out is not a good habit.

Fourth,always be cautious. Scammers abound in the cryptocurrency space and newbies or noobs are targets of these malicious people.

I am trying to follow these rules when it  comes to cryptocurrencies. It has saved me a lot from bad purchase but it has also limited my earnings sometimes.

But i want to stay longer in the cryptocurrency space. So i choose the cautious way and try to learn everyday.

For me,getting in the cryptocurrency industry has given me a lot of passive income and i am always thankful of it.

To all the newcomers in the crypto industry,always treat each day as a learning day in order to fully understand and maximize the benefits of the crypto space.

Good luck and happy earnings.