[CryptoCurrency] Warning For Beginner Investors

For those of you who are still beginners in the crypto world, you need to know a few things that you must apply so that you don’t experience big losses in your investment.

For some people crypto investment is a good field to make a quick profit. However, for those of you who are just starting out, it’s a good idea to learn first. The reason I say that is because the crypto market is different from the stock market. Where if you’ve ever been in the stock market, the first thing you’ll see is the company, whether it has debt or not, then the company’s value for now is still profitable if you buy it at the current price. This is certainly very different from the crypto market, where in the crypto market there are frequent crashes and it is unmitigated that even the crashes can reach 30–60% overnight.

this of course you have to pay attention to in the crypto market so that the money you invest is not in vain.

So here I will explain some tips if you want to invest in the crypto market.

Use Cold Money

As a result of the crypto market which is often very uncertain, where sometimes the market can experience a major crisis which causes a lot of crypto to drop drastically. This is what causes many beginners to lose due to cut lose.

Well, my hope for you is that if you invest in the crypto market, you must use money that is not used for daily needs. So if the crypto you invest in crashes, you won’t panic to sell it.

Don’t follow other people’s opinion

Very often newbies ask crypto groups what coins are good to invest in. This is what makes those of you who are beginners often experience losses. You must know that there are many crypto sales on the internet where they are paid to promote a crypto for you to buy and they are paid for it.

I certainly do not forbid you to ask this on the internet . But I need to advise you to always do research for every coin you buy so that the coin you invest is not a crypto scam.

Do some research on the coins you want to buy

For you novice investors before buying coins, I suggest doing research first about the coins you will invest in. My advice for you beginners, don’t be tempted by coins that are still cheap because the risk of losing is very large.

For beginners, my first advice is to invest in the top ten market where this coin is already popular and the market movement is more stable than other coins. At the same time, you can monitor and research coins that you think have good fundamentals.

Don’t FOMO

Fomo is also almost the same as the second point above. but FOMO here is like a coin that has gone up by tens to hundreds of percent and you start investing in the coin so the possibility of you losing is very large.

“I think that’s what you need to pay attention to for those of you who want to invest in the crypto market. in the crypto market we don’t know how to predict the future, how the coin will generate income or even be detrimental. but I believe because cryptocurrency is related to the technology of the future, so I am sure about it”.