#knowledge馃帗 There are several general provisions for each crypto-investor.
1.馃挵Choose a place to store your coins.
If you decided to deal with cryptocurrency activities, first of all you need to choose a reliable wallet or exchange. If you position yourself as a passive investor, then it is worth keeping coins in special wallets, and if this is for you a large funds best idea to use the cold wallet installed on your computers. If you are an active investor and constantly perform operations in the market, you should choose the exchange, to not miss the right moment.
There are many media outlets that daily publish news of the cryptocurrency market. Also read reviews, opinions and advice in a proven public from trusted experts. Twitter is one of the most important tools for understanding the general picture of the market. You do not have to be a technical analysis guru, but nobody prevents you from doing your own analysis, watching the graphs, correlating past periods with the present periods, independently predicting the direction of the trend of a particular coin using the news tools of fundamental analysis.
A well-known fact - after a rapid take-off of any cryptocurrency, a correction takes place. And the price can suddenly drop. Do not try to drop in on the departing train. Unfortunately, the chance that you will earn on a sharp rise is extremely small. It is best to wait until the price goes down again.
Many investors missed their chance to become crypto-millionaire precisely because of the panic. As soon as the price of their coins fell slightly, they immediately rushed to translate their digital investments into fiat. They did not conduct market analysis, so they did not notice the prospect of growth.
