The 7 Vital Principles you should follow with Cryptocurrency

in #crypto6 years ago (edited)

crypto6.jpg

Many times we get caught up in the excitement of the crypto scene and forget some of the Golden Rules that help us stay on top. As well all know from experience in life itself - there are no sure things, but if we follow some basic principles we are less likely to regret the path we have chosen.

  1. What goes up often comes down.

  2. Buy the rumor, and Sell the news.

  3. Buy crypto that has limited supply.

  4. Understand what coins you are buying.

  5. Be careful with the coins you buy.

  6. Stay clear of Pump and Dump groups.

  7. Never, ever spend money you can not afford to lose.

I am curious to hear what other vital rules should we be following when doing cryptocurrency?

@MikeTheCoin

SOURCE: Image Credit to Cointelegraph

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