Post
Topic
Board Beginners & Help
Re: An advice for Crypto Investing
by
Lucius
on 25/05/2022, 14:31:28 UTC
In addition to that;
- invest only good coins, not shitcoins or hype.

What would be the definition of a good coin? With just under 20 000 coins/tokens listed (CMC), do you think 1% has any purpose and meaning? Those projects that have the most money and the most capable teams get the most visibility, which means the most investment and some kind of false credibility.



3. INVEST MORE IN CRYPTO STUDYING - As the saying goes, "knowledge is power." More knowledge improves our decision-making abilities, as well as our ability to choose the logical and ethical reasons on which we want to base our decisions. Problems are solved with knowledge. Knowledge improves our reasoning and problem-solving abilities.

I would just warn people here that knowledge is not something that must be bought exclusively, but can be acquired using the Internet, reading books or free education. Someone will say that all this can come at a price, but I want to say that you don't have to pay a lot of money to learn some basic and even a little more advanced things if you want to learn something about Bitcoin.

What is also very important is the moral and ethical issue when we participate in some crypto projects, and for many, it is not important at all. If you doubt that a project will fail, and at the same time you can profit - will you stay aside or consciously participate in the scam for profit?