what i learnt in my first month of trading cryptocurrencies

I'm writing this to help people make money and hopefully not loose any.
But first thing if you gamble you can loose! so keep that in mind.

here are the ten best things i've learned in one month.

1-FOMO (fear of missing out) is real and if you feel like you missed out ,you probably have so wait for a down trend its coming.nothing goes up in a straight line.

2.Its not a Loss until you sell at a Loss. just because one week your portfolio looses 30% doesn't mean its never gonna go back up. close your computer for a week. Or even better Buy more cryptos.

1. If your on any group chats or facebook pages don,t ask people what they think the next big coin is or what they think of this coin. firstly DO YOUR OWN RESEARCH and post your thoughts or research first so people can start a discussion with you and be informative. also if you are not at this level of confidence yet just read and listen follow peoples leads until you are confident you can contribute.

2. you are not going to become a millionaire overnight, or in one week, or in one month. but if you listen do your research and HODL you just might be a millionaire in a couple of years.

5.ICO's are a overhyped most of the time. Their is the a few good ones but a lot of the time coins drop below ICO price after launch onto an exchange so don't get all FOMO and wait.

6.coins that have infinite amounts are probably never going to be very expensive. take Sia for example it is great idea really driven team and a strong community behind them but with over a billion coins and more to come they hang around 1 to 2 cents, which is fine if you want to double your money every now and again but you will never get massive gains of 400% +.
coins that are capped are more likely to go hire and create better returns. providing they are not shit coins obviously

7.try to tell everyone you can what cryptocurrencies are and more importantly what the blockchain is. the more people we can get involved the more power this has. And this includes helping people who know less than us even tho we just started two

1. buy on the hype, sell on the news. this is something i read a lot of at the start but didn't really know what it meant. but i do now.
   every time a project has a big announcement or a conference everyone gets excited thinking i guess that something amazing is about to be announced, and without fail every time as soon as the news gets released it goes down. so buy on the hype and sell just before the news when its still high, because its gonna go down!

2. Don't all ways go with what other people believe, especially with the ideas of a startup. because weather you are knowledgeable on the tech side or not. who's to say the idea you like is not as good as what someone else likes. real world application is in the eye of the beholder if it works for you its real world.

3. try and use the technology that you buy coins for if you can use them in your life they are probably good ideas. and a good idea is unstoppable

Any way guys i hope this helps at least one person and ill be happy :)
happy trading and good luck!!!!