RE: RE: What Would You Advise a Newcomer Wanting to Invest in Crypto?
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RE: What Would You Advise a Newcomer Wanting to Invest in Crypto?

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What I would suggest is don't take financial advice from anyone who is not legally allowed or certified or proven to be a good adviser, I mean don't just blindly invest based on what they say. Listen to whatever they have to say, listen to their ideas. Gather ideas from as many different people as possible. If you see multiple people saying the same thing, then maybe there's something into it but you should still go online and read up more, from wherever you can. Don't get fixed on one single website.

It's always good to listen to people who have experience, but in the end you should make the decision. You will have to decide whether you wanna invest in a specific project or not, what does you judgement say.

In crypto, never invest in the coin, always invest in the people behind the coin. From personal experience I can say that, there was one crypto I was so very hopeful about because I trusted the people behind the project. Not that I liked everyone involved, but I liked most of them and found them sincere and trustworthy. But once the people I trusted had left the project, it went down to absolute gutter, proving the point that my investment was in the people, not in the crypto. So always try to join the communities on discord, telegram of the crypto you're looking to invest in. Talk to the people behind the project and see if you find them reliable.

Hope this helped.

Alternatively, there are some groups that that apparently give investment signals but I personally have not used them.

ew-and-patterns@ew-and-patterns used to do regular crypto analysis and is a knowledgeable guy when it comes to trading. In the end, you should always do your background check before you jump in!

Good Luck!