What The Hell Is Dust?

Here's another newbie crypto tip from me to you. Watch out for dust.

What is dust? Small amounts of crypto that can't be moved or sold.

Why does this matter? Oftentimes, you can get into a trading situation where you sell some, and keep some, only to realize later that the amount you kept is essentially unretrievable. It won't meet the minimum amount to be sold, and transaction fees make it worthless to send.

Nothing wrong with 100 RDD sitting around waiting for the price to rise 400%, I guess. But if you want to get the maximum out of your crypto investments, pay attention to these details. With lower priced crypto, there's no point in keeping one or two, unless you plan on holding them for a year or so. At which point, it will be dead, or sellable. Do a quick check on your remaining balance before you sell, and make sure you're not leaving money on the table, as it were.

Hope this helps.