Top Five Things to Know About Digital Currency Before Making Investments

[Goodcat49]

Bitcoin investors face many questions when starting to deal with the crypto market. This article will expound some important facts that will help you to be better prepared for investing in virtual coins such as Ethereum, Ripple, and, of course, Bitcoin.

Do Your Homework
The first rule of crypto trading is to thoroughly study the asset you are planning to buy. There is a lot of information on the Internet on any crypto coin. You may start from a whitepaper that contains all you need to know about a certain coin.   

It is better to avoid investing in assets you are not sure about. For example, if you can’t tell how a coin makes money, you should find another one with clear working algorithms.   

Do not Follow Pseudo-Experts
   
There are many “pump and dump” groups that promise investors huge profits and give instructions on when and what to buy. Do not even consider joining such places because the consequences will make you regret it immediately. You will lose all the money you invested to these fraudsters.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/top-five-things-to-know-about-digital-currency/

[funktie]

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[Jereh]

I made the mistake of not doing proper findings about a coin I invested in some time ago , that's when I just joined the cryptocurrency Market.
Might I be you that I lost my funds about 90%of it.
Ever since that incident, I ensure that I do thorough checks before investing on any coin.