The 7 Vital Principles you should follow with Cryptocurrency

in #crypto7 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

Sort:  

Ohh excellent post! This topic is very interesting, you have a lot of potential information, I hope to see you soon by this platform sharing more information like this, if you want you can take a look at my blog, I'll follow you. :)

Congratulations @mikethecoin! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

HHAHAHAHA...now I really feel special :)

Congratulations @mikethecoin! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

LOVE IT !!!