5 Things which can help you to prevent losing lots of money in Crypto.

Hello Folks,

5 Things which can help you to prevent losing lots of money in Crypto.

1- Read White Paper- No matter how much you are investing in a project. Read the white paper before investing a single penny.

2- Don’t day trade- In crypto world you can make money in short run by day trading but it will never be profitable in long run.

3- Don’t short you long term currencies- If the concept, people, an market people are good then after a while project will go to sky. Don’t short your long term holding. HODL is the key here. Good things come to those who HODL.

4- Look to their Team- Please, have a look to the people who are behind those project. If they belongs to blockchain industry before
then it will be more good.

5- Don’t buy in FOMO and sell in Panic- As I said before patience is the key here. Invest their where you believes in. If you won’t believe where you are investing then it will cause panic sell when you sell its value decreasing.