Hey People of The Crypto Verse.
I am A newbie to this world and believe that there are tons of people out there like me. As you all know, we are in a fast moving world now that many atimes the 24hr day seem not to be enough, talkless of the time to sift through tons and tons of information available in the world wide web.
Welcome aboard.
I therefore am here to ask all you good men and women out there with a good heart to spare us newbies a minute of your time and do let us know what are the absolute vitals and the do;s and dont's of the crypto world.
Shoot.
I have heard words like moon and lambo, hodl etc, i must admit some of them takes common sense to figure out but what requires genius as far as i am concerned is knowing what to buy, what not to buy, when to sale or not etc, and i also have heard of people talking about getting in on the crypto for free.
How?
any help???
Basic principle of buying is: Buy low, sell high. But its easier said than done. You have to be very active and check what's the sentiments of investors around. So for me, if you have the money to invest then I wouldn't wait for the price to bottom. The problem with waiting for the bottom price is that no one really knows what its going to be. It could be $1, or could be $6+++K (last bottom). Another old adage: Invest what you can afford, so that you will not get burn if the price goes down and bitching around that you have lose a lot and that you are selling.