1. Avoid altcoins that are simply riding on a hype or whatever is trendy. They're mostly scams. And just like hypes and trends, they won't last long.

2. News channels and publications don't mean a thing. Besides the fact that personalities there don't understand what they're talking about, they lack research most of the time. Speaking on TV or writing on a newspaper doesn't mean knowledge.

3. When it comes to investment, avoid being emotional. Be objective!