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The first step to becoming successful in crypto is to invest time in self-education. This may sound tedious, but it's crucial to understanding the mechanisms of the market. Reflecting on my own experience from 2017, I recall the overwhelming "fear of missing out" (FOMO), which made me act impulsively. The excitement of crypto enticed me to dive headfirst without fully grasping the fundamentals.
Before making any investments, it's essential to learn about Bitcoin and other top cryptocurrencies, as well as the underlying blockchain technology. Familiarize yourself with wallets, how to safely manage your assets, and stay updated with credible resources—many of which are available for free. There are countless podcasts, articles, and channels that provide valuable insights.