10 tips for newborn cryptosystems

What you need to do to increase your chances of profit and reduce the risk of losses.

"Do not Invest in Anything You Do not Know"
Warren Buffett This formula is always applicable for all investments. Hard-earned money do not risk, if you can not understand what you're doing Firstly, all institutional and discriminatory studies of crypto-currency investment. After you realize the potential risks and profits, start studying investment rules. And only after their sheer efficiency, do not do business down.

Learn, learn and study again
If you plan to become kriptoinvestorom, spend at least 24 hours trying to understand what blokcheyn and cryptocurrency security arrangements need to be taken before you invest, etc. D Remember that learning should be continuous, and you will always have to keep aside as well.

What was true a few months ago, today can lose all the money already today. The crypto currency market changes everything so fast that you have to study the situation in your own day - technology, financial system, investment strategy, regulatory system. Alphabetically, it is called diarrhea (do your own research) - "Do your own research."

Test
Highlight a small amount for the exam and try with the real exchange real money. Let it be a penny. Create accounts, buy bitcoins, buy altkoiny, participate in ICO vending trading etc. .. All this can be done with little money, and when you achieve confidence, you can start playing high rewards.

Remember FUD and FOMO do not affect your decisions
FUD and FOMO are the most common phrases in the English language crypto community.

FOMO (Fear Out Of Fear): Fear of missing your opportunities
From November to January, thousands of crypto-currency fever had infected people, most of them got Kryptoknok just because of FOMO - their fears missed their fears. Bull's tendency was so strong that it was not time for any new person to study the situation before running in the war. It was a real madness, double the starters and their capital tripled in less than a week. Learning about this success story, others ran in the market.

Today, many of them are in the story of destruction. Now Bitcoin costs about $ 9,000, and at the top it rises to $ 20 000. This amendment of 55% may be a complete surprise for many investors. However, clearly, things were different, because now sell many crypto-currency loss and give up this market.

From HODL to mobile phones: Capitolermins, which every investor should know

FUD (fear, uncertainty and disinformation): Fear, uncertainty and suspicion
This is a complete social network and one of the Internet curses. You are constantly growing up on false news, photo processing images, tweets from fake accounts and such absurdity. There are always interested interested people who spread fear, uncertainty and doubt for destroying certain interested crypto-coin courses. Therefore, learn from the real ones to learn to differentiate the news of fake.

Trust, but check - these rules will help you to cope with FUD. If you hear a dangerous news, check the source, discuss it with your fellow investors. But remember that even large organizations and institutions, investment funds and government can sow FUD seeds.

Remember: besides Bitcoin, there are many other interesting coins
Generally, all the greats get Bitcoin (Bitcoin). He has given so much attention that ordinary people who are not related to the crypto-community, Bitcoin has become synonymous with the word "crypto-coin".

Actually, many good projects and tokens that can change the world. Thanks to technological advances and technical progress and work as decentralized automated communities and markets based on crypto-coin-operated blockades, the impossible things to think over the years have been possible even today.

Join a few of the best crypto communities
It is very difficult to constantly keep an eye on the pulse and be aware of everything that happens in the crypto currency world. So it's worth the price to subscribe to telegram channels or to join themed groups on Facebook. Finally, you can follow popular posts on twitter and radiitit.

So you can be the first one to learn important news. In addition, among the Cripto communities, you can always ask for advice from more experienced players.

Avoid pumps and dump communities
Pumping and Resetting Group (P & D) can cause rapid collapse. Generally, they are preaching themselves, making promises twice or twice, or even five times. Look at their promise very tempting, but do not fall for this character. We advise you to refrain from participating in this group for two reasons:

First, it's wrong. They try to manipulate the market, and you will help them to do it.
Secondly, you will fail to pumping and dumping is a fraud and a scam.
Be careful, pump and dump: How to protect your crypto currency from fraud

Learn how to track your investments
In contrast to the stock exchange, you will need to create a padding account on the pad: Because of some you can buy Bitcoins for only dollars or esters, and on other - just exchange one currency on each other.

According to CoinMarketCap, the date has a total of 1514 crypto-coins. Without a suitable equipment, it will be difficult for you to keep an eye on all the resources that are scattered across different exchanges. The portfolio-trackers (for example, Cointracking) will come in rescue.

Take care of safety
It's very, very important. Take all possible precautions. Scammers, hackers, phishing attacks, fraud and scammers are waiting for you every time in the crypto-currency world. Be very careful while writing your passwords and private keys or transferring money to someone else's account. Use the Linux / Mac operating system, disable additional extensions, always double check URL (it's best to use bookmarks), if you want to open a stock exchange site, do not click on the link from the Google search page. This list may continue indefinitely.

Hackers, Phishing, and Key Loggers: How to Protect Your Cryptow Coin

As invested as much as you are willing to lose
This advice is given to the investors of all newborns. Everyone knows him, but, unfortunately, very few people should. In many cases when people lose all their savings, take out loans for investment, lose them and can not stop paying monthly loans.

But we still repeat: Do not invest more than you are not ready to lose.

Keep in mind that if you do not have too much risk, continuous nervous closure and many more may feel confident (this will necessarily be reflected in the transaction results).

Bonus: Be proud of yourself
Many crypto-investors do not forget this advice for no reason. If you do not have to be positive or negative, you should be proud of yourself. If you research the market well and invest in a worthwhile project, feel proud - you have invested in future technology.