We have always a lot So feel free to consider when it comes to cryptocurrencies, and sometimes you don't evenlet us know where to start to give newbies important advice. So: what is your best cryptocurrency advice for cryptocurrencies? is.
My best advice is:
Not your Keys - not your Coins
Because storing your coins when you have your own access is always very important if you want to keep control of your coins.
So feel free to let us know what your best cryptocurrency advice is.
● You have mentioned the first important advice someone suppose to give to newbies, because securing your seed phrase is the most important thing both the newbies and experienced someone in crypto space will do..
● cryptocurrency newbies should not be in a hurry to invest in cryptocurrency without making some findings, most of the newbies that complain of losing for their cryptocurrency investment that loss is being experienced because they did not make research of the coin they invest before investing, so they should invest properly before they invest in any new coin
● Let a newbies know that risk management is everywhere, so before they buy a coin, let they consider the factors of losing and also gaining, because two things is involved in cryptocurrency investment either you lose or you gain
● Do not store your keys in your email or anything online, because it can be easily tempered when you loss your electronic gadgets that bear such documents, such as laptops and phones
● Saving your coins in exchange: I know many people is found of keeping their BTC and other cryptocurrency in an exchange, it's error by keeping your coins on exchange, an exchange maybe attacked anything, and on the process of attacking exchange, the exchange may crash, as a newbies it's not good to use exchange wallet as a storing wallet of your coins