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Basic Questions about Cryptos / Re: What advise would you give a crypto newbie?
« on: July 07, 2024, 03:18:35 PM »Patience is the key to success. First of all you must be patient to get into crypto. You can invest in top cryptos to avoid risk. Especially crypto currencies like Bitcoin, which are at the top of the cryptocurrency list. There are several other currencies whose value will not drop to $0 overnight. One thing must be kept in mind, if you invest, you must invest for the long term. As a newbie you can gain some knowledge like what is crypto currency? How does crypto work? What is the name of the top cryptocurrency? Gaining this knowledge will reduce dependence on others.What do you mean by gaining knowledge will reduce dependence, do you mean on other people so we don't have to take advice from them? Advice is best all the time and following crypto signal groups that are trending in telegram is also best because we can know what the world is predicting about BTC and about other currencies whose value won't be dropping to 0$ which I say is not fully true because all the centralized coins are vulnerable to dropping to $0.
It is necessary to know what the world is thinking in order to outperform it to make a profit and for sure. I learned this thing a long time ago never think you don't need anyone else. You have to observe what most of the experts and normies are talking about BTC. I am not saying to follow them but just observe them.