Post
Topic
Board Beginners & Help
Re: Your most important crypto advice?
by
GbitG
on 28/06/2024, 10:13:57 UTC
I think the most important crypto advice would be for newbies to gain enough knowledge about the market before they start making investments in this industry because cryptocurrencies aren't a get-rich-quick scheme and if they think this way about them, they are going to waste their money. They need to do enough research before they choose a cryptocurrency they want to invest their money in because, without research, you can't know whether a project has potential or not.

Most newbie investors these days invest their money in meme coins and newly launched altcoins without doing any research, they need to understand that cryptocurrency investments aren't supposed to be taken as gambling where you make a bet and try your luck to see whether you win it or not, if you do that, you are going to lose a lot of money.