Invest less in Cryptocurrency or not??

[Aanuoluwatofunmi]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

Invest with the same mentality of not doing so when you lack the idea of how it is being done, then as a newbie, you don't have to pull in your investment once and for all, you start small and later continue to grow your investment in other to avoid high lost as a cost on making such investment if anything happens unexpectedly, the procedures starts from learning, taking time, avoiding risk and investing on what one can afford for loss.

[Rubel007]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

To become a new investor one should acquire good knowledge on investment of that particular area. Gain knowledge about the subject you are interested in investing in. Because investing without knowledge will increase the chances of losing rather than profiting. Pay attention to the risks involved in investing in cryptocurrencies. Moreover, it is necessary to be aware of the timing of those investments. Because some cryptocurrencies typically require long-term investment holdings. Investments should be made after being well informed about these issues before investing. By doing this, an investor can gain a better understanding of investing as well as reduce the risk factors.

[bitterguy28]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

first thing you need to do is know more about it of course you will be reluctant and hesitant because you don’t have any faith in what you are about to invest in

but if you know details and you understand the project you are about to get into you can build faith and trust and you will be able to shake off the reluctance in you the more you know about something the more you can be confident about it

[Jating]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

Learn and understand the market simply as that. There are a lot of courses online or even videos in YT that you can see so that you can acquire the needed knowledge on investing.

If you are really have 0 comprehension, then it might take some time for you to grasp everything. But if you have at least a basic understand on investing, like buy low and sell high, then you will have to choose a good exchange to where you can buy your first crypto and then get a wallet that you have total control of the private keys and mnemonic phrase or better yet a hardware wallet.

[EluguHcman]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

Nomatter how attractive and investment would be, it is never a good move for the beginners to ignore learning about the investment.

Imagine investing on highily volatile currency currencies or on the MemeCoins, those are required basically and essentially knowledges before venturing or even Crypto trading, we just can't ignore learning about the terms to guide us through it knowing how risky they could be.

But if we consider venturing on Investing in Bitcoin, that could be considered because the risk of investing on Bitcoin is minimal and Investors with strong emotional trusts would always make it without much knowledge about it but it is certainly expected that we must keep our seed phrase secured and other security terms to secure our funds.
Exempt that, there is no must technicalities in investing on Bitcoin while others Coins could be.

[bayu7adi]

If you are confused because of lack of experience, I suggest to invest small and observe the development of your assets carefully...
As many projects you invest, it will add to your experience in investing, from there you will have personal data about potential and opportunities, along with the characteristics of promising projects....because you can start to filter when you really have experience...

Yes, besides investment is a world full of uncertainty, so there's nothing wrong with trying... because if you don't try, you will never know... and if you fail in every attempt, believe that there is wisdom in it...

[Agbe]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

I wouldn't really call it investing less I would call It risk management, before investing in crypto you must know that the market has it's usual price fluctuations so investing all you have as a beginner is not adviced, instead take your time to study the market before diving in. Don't think of taking high risks as a beginner,  give enough time to learning process before you start hodling or trading, don't just Rush into it

[Z-tight]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

Invest what you can afford to lose. Take note that crypto is not a startup, and there are so many cryptocurrencies out there, many of them are centralized, a scam, premined, etc. I will recommend that you buy BTC, it is decentralized, censorship resistant and permissionless and if you buy it and store it for the long term, you are going to make profit on it. Take your time to learn about it before buying though.

[Gurujebs]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

This is why you often see the phrase invest what you can afford to lose. Don't put money you will need immediately into crypto, it might goes how you expected it probably in bull run but most often, it doesn't yield good profit immediately this is why you have to use money that is not urgent and also make sure you can let go if it doesn't work out.

The thing is can tell you to watch out for are things like doing your personal research which include understanding the concepts and scope of the project, understand who are behind the team, understand the tokenomics of the project and lastly watch out for scams, the scam aspect is very important.

[Cryptsafe]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

To become a new investor one should acquire good knowledge on investment of that particular area.

This is one of the  big mistakes investors do make, not knowing or having knowledge of the business they are about investing their funds. It is common in crypto where influencers hype a project for people to think all is well with the project and investors rush into it without doing their proper research reasons being that notable celebrities and influencers did made comments and posts about such project and they just rush to invest and at the entire end they get scammed or the project crash and they loss their investment and capital.

As an investor, there are lots of things you would have to do, checking the origin of the project matters, the founder, developer, knowing the full team behind the project is very important not just depending on influencers hype alone. Checking the operational license matters as well. These are some few tips you are to know better before investing in such project.

[_act_]

If we are willing to make an investment, then the first thing we must have in mind is on how we could acquire the basic requirements needed for doing that particular thing, it will help us by being a good investor in whatever thing we do, because we are having a sound knowledge or idea about it, but going into an investment without having direction will lead to uncertainty experience, which i will also conclude by saying, it not by crypto investment or non crypto investment, but what we know.

[bayu7adi]

If we are willing to make an investment, then the first thing we must have in mind is on how we could acquire the basic requirements needed for doing that particular thing, it will help us by being a good investor in whatever thing we do, because we are having a sound knowledge or idea about it, but going into an investment without having direction will lead to uncertainty experience, which i will also conclude by saying, it not by crypto investment or non crypto investment, but what we know.

Vocabulary that is difficult to understand @_@ ... even if I think a beginner does not meet the knowledge requirements (you might call it basic requirements)  to start investing, then he will not start the investment immediately ... this has an impact on the starting point which will always feel afraid in making decisions ...

It is true that perfection regarding knowledge can increase our chances of getting profit in investment, but it also needs to be built from scratch where all professionals start from a newbie who doesn't even know anything about cryptocurrency .. so, I agree more if everyone can start investing without which is adjusted to their stage ... starting from the newbie stage, the learner stage to the professional stage.

[Faisal2202]

When we start a new startup, we don't know much about it, so we feel a bit reluctant to invest.  But if we want to invest how to do it??

You mentioned that you don’t know much about the project, which makes you hesitant to invest. Instead of feeling reluctant, take the time to learn more about the project you’re considering. For a long time, I wanted to start my own blog, but I could never get it off the ground due to the effort required and the lack of manpower. I was always searching for a suitable partner, and I was so blinded by my own hesitations that I even missed the chance to be part of another admin’s site because I couldn’t commit any time to it.

Time has always been a challenge for starting the blog, but the real point here is that the money needed isn’t as significant when compared to the potential results. I believe the outcome will far exceed the investment required. That's why I’m no longer hesitant because I’m confident that my efforts, both in terms of time and money, will pay off. Once you realize this for yourself, you won’t feel reluctant either.

[albon]

Investing in crypto requires a lot of practice and knowing the step by step steps to invest here. With the volatile nature of cryptocurrency markets and potential risks, this layer of protection can bring investors peace of mind. You need to have experience on how to pick the best coin. Which of your investment short time or long time will be acceptable to you. Choose the best exchange and ensure the security that your funds are safe. To avoid scamming one should know about this and make sure to avoid the risk related to hacking. And if you want to invest long time then always collect top coins from cmc.

[Z-tight]

The thing is can tell you to watch out for are things like doing your personal research which include understanding the concepts and scope of the project, understand who are behind the team, understand the tokenomics of the project

All of these can help in some cases, but in other times you could check all of these and the project still ends up to be a scam, this is why i don't invest in too many projects. I believe in BTC, it has use cases and it is an open source project, so most of my funds for crypto investment goes into BTC. Altcoins can be tricky, especially for newbies, so maybe they should start with only BTC.