Good tips, indeed. Here are a few more to check out. 
The basics - get to know the basics. Sometimes even a simple explanation could cost you a lot. A simple detail/price change or something else. Understand the whole blockchain technology. You shouldn’t rely on some random “knowledge” to make your investment decisions. Until you can judge a project for yourself, you will be missing out on big opportunities, and therefore miss a great deal.
Fees - pretty simple, but sometimes despite all the benefits, the general outcome could be lower. Take your time and find the right exchange with the best fees.
Amount to invest - don’t invest your life savings. A general rule here is don’t invest more than you can afford to lose.
Finding opportunities - a good factor to consider when looking for coins with growth potential is the market capitalization of the coin. The ‘market cap’ is calculated as [current price * circulating supply] and is often a better indicator of a coin’s valuation by investors. A reminder that this is not always true.
Diversify - pick at least 5 coins to invest. At the same time, keep track of no more than 10 coins. Follow them, create an opinion, and maximize the investing opportunity. It is better to share your funds among more than 1-2 coins. It is safer.
The basics - get to know the basics. Sometimes even a simple explanation could cost you a lot. A simple detail/price change or something else. Understand the whole blockchain technology. You shouldn’t rely on some random “knowledge” to make your investment decisions. Until you can judge a project for yourself, you will be missing out on big opportunities, and therefore miss a great deal.
Fees - pretty simple, but sometimes despite all the benefits, the general outcome could be lower. Take your time and find the right exchange with the best fees.
Amount to invest - don’t invest your life savings. A general rule here is don’t invest more than you can afford to lose.
Finding opportunities - a good factor to consider when looking for coins with growth potential is the market capitalization of the coin. The ‘market cap’ is calculated as [current price * circulating supply] and is often a better indicator of a coin’s valuation by investors. A reminder that this is not always true.
Diversify - pick at least 5 coins to invest. At the same time, keep track of no more than 10 coins. Follow them, create an opinion, and maximize the investing opportunity. It is better to share your funds among more than 1-2 coins. It is safer.