5. Don't invest suddenly
This is advice with strong value. Riches can be very toxic and if there are no financial advisors wrong choice of investment can be made. Example, when Bitcoin reached its ATHs many predicted it was going to hit new highs, but the reverse became the case and such scenario can affect how much a wealthy person is worth especially when they depend on crypto investment for their net worth.
the recent ATH really the example of a lot of newbies jump in directly to bitcoin its because they think it keeps going but they are wrong . The price drops and a lot of newbies crying in thr social media saying that the bitcoin is a scam. You cant really jump into investment if you dont have knowledge at all because that is a wrong move that lead you to big losses