As newbies when investing in crypto don't be satisfied with your leading knowledge attainment about crypto, endeavor to continually do research on the crypto asset's you have invested on as it would aide you on a trajectory course about your investment's. By so doing you're not easily taking by surprise on any misgiving that may arise about a portfolio you have investment with.
Nobody knows all, so this shouldn't just apply to only newbies in the crypto sector. Everyone should continue learning because it is what will lead someone in the right direction in all aspects of life, not just the crypto industry. Seriously, you shouldn't stop learning if you want to be a good investor.
Another gateway to keep abreast is to get connected as a member of an active crypto community or platform. Having membership of different communities is an added advantage but make sure they are a genuine platform with a good history just like bitcointalk.
Learning shouldn't just happen in one location; use a variety of crypto platforms that you are aware of as reliable sources of information. It will be beneficial to learn things from many different places
As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.
Investment diversification is excellent idea, but if someone has more faith in one coin than others, I don't believe it is required. For instance, if I solely invest in Bitcoin because I have faith in it, that is not always a bad investment strategy.let know that it is only assurance that can guarantee an investor's investment will be profitable. What exactly would the purpose of my investment in a variety of coins that I don't trust? Thus, I am merely putting my life at danger. We should think about investing in a variety of coins because when we don't trust any one of them,with that we need to diversify our portfolio to reduce risk.