HOW TO NOT LOSE MONEY ON CRYPTO

[BlueBison]

1. Do your own research before jumping on a random new shiny shitcoin.

2. The crypto market is always upside, down and sideways, so don't burn money that you need today or next week or next month, instead put it on something more safe.

3. Avoid the FOMO (Fear of Missing Out), don't let emotions control  your investments, be rational.

4. Don't put all your bet on one coin, try to split it out across the board.

5. Consider not using any exchanges because as you saw recently with FTX, you can't trust any centralized exchange these days, as the saying goes "Not Your Keys Not Your Crypto". So use a decentralized exchange/wallet.

6. Keep your private keys in safe place, c'mon don't put it close to your pc where everyone can see it (talking paper), c'mon do better than that.

7. Don't chase pump and dump schemes/scams, like Logan Paul and alikes.

8. Like if it was helpful.

[trooly678]

There is no foolproof way to avoid losing money on cryptocurrency, but there are some things you can do to reduce your risk:

 

Do your research. Before investing in any cryptocurrency, it is important to do your own research and understand the risks involved. Consider the team behind the project, the technology it uses, and its potential use cases.

 

Invest wisely. Don't invest more money than you can afford to lose. It is also important to diversify your portfolio by investing in different types of cryptocurrencies and other assets.

 

Have a plan. Decide what your investment goals are and how long you plan to hold your cryptocurrency. This will help you make an informed decision about when to sell or reinvest.

 

Be patient. The cryptocurrency market is volatile and it may take time for investments to pay off. Don't expect to get rich quick.

 

In order not to lose money on crypto, you should be more knowledgeable in this area, learn more on coinpedia.org.

 

Good luck with your bidding, I wish you all success!

[BlueBison]

There is no foolproof way to avoid losing money on cryptocurrency, but there are some things you can do to reduce your risk:

 

Do your research. Before investing in any cryptocurrency, it is important to do your own research and understand the risks involved. Consider the team behind the project, the technology it uses, and its potential use cases.

 

Invest wisely. Don't invest more money than you can afford to lose. It is also important to diversify your portfolio by investing in different types of cryptocurrencies and other assets.

 

Have a plan. Decide what your investment goals are and how long you plan to hold your cryptocurrency. This will help you make an informed decision about when to sell or reinvest.

 

Be patient. The cryptocurrency market is volatile and it may take time for investments to pay off. Don't expect to get rich quick.

 

In order not to lose money on crypto, you should be more knowledgeable in this area, learn more on coinpedia.org.

 

Good luck with your bidding, I wish you all success!

 

did you just copy paste my thread ? lol

[DarkMastermind]

Never believe some random guy on youtube or discord telling you to invest in his coin.

[BlueBison]

Never believe some random guy on youtube or discord telling you to invest in his coin.

 

thank you for the advice

[natalie183]

Preserving your investments in the volatile world of cryptocurrency is undoubtedly a top priority for every crypto enthusiast. Avoiding losses is a crucial aspect of successful crypto trading. It's essential to stay informed about market trends, conduct thorough research, and make well-informed decisions.

Additionally, while discussing financial matters, considering the exchange rate of 1 Nigerian Naira to USD can shed light on the global economic context. These exchange rates reflect the dynamics of international currencies, which can impact the value and stability of cryptocurrencies. So, keeping an eye on both crypto strategies and forex rates is a holistic approach to managing your investments effectively.

[natalie183]

Preserving your investments in the volatile world of cryptocurrency is undoubtedly a top priority for every crypto enthusiast. Avoiding losses is a crucial aspect of successful crypto trading. It's essential to stay informed about market trends, conduct thorough research, and make well-informed decisions.

Additionally, while discussing financial matters, considering the exchange rate of 1 nigerian naira to usdt can shed light on the global economic context. These exchange rates reflect the dynamics of international currencies, which can impact the value and stability of cryptocurrencies. So, keeping an eye on both crypto strategies and forex rates is a holistic approach to managing your investments effectively.

[jianguo]

thanks

[cjlab9ihih]

To avoid losing money on cryptocurrency, just don't invest your funds there. You can try investing them in a business or somewhere else. But I believe that the only person who loses money is the person who does nothing. I wanted to invest money in cryptocurrency not so long ago, but I didn't have enough money for such an investment. I decided that I should save money on my regular purchases and invest the money I saved. So, I made a decision and found riding lawn mowers lowes that I can buy cheaper than usual. Now I have enough money to invest.

[Ambient]

did you just copy paste my thread ? lol

I smell an SEO bro trying to boost his searches on Google with shamelessly inserting his websites (probably bots if I am going to be honest)