Posts

Showing posts from June, 2021

Know This BEFORE Buying Crypto

Image
  IMPORTANT POINTS to understand before buying crypto: Even if you are already in cryptos, it can help to read it again. I often have people bring up matters to me, especially listening to mainstream media or FUD (fear, uncertainty or doubt)  articles, and I have to refer them to these points to help them. None of this is financial advice. I am not a financial advisor. This is simple but vital key pointers, what I would tell myself if I were getting into cryptos for the first time. Enjoy! I hope it helps you tremendously.  1. Watch out for FOMO or “fear of missing out”. Don’t buy based off your emotions (due to media hype, or a coin suddenly rising up in value a lot). The market moves in “market cycles” and there are always good buying opportunities . Try to relax about it. 2. You don’t need to buy an entire Bitcoin. You can buy $25 worth. Or $5! YOU DO NOT NEED TO BET THE HOUSE! You do not need an entire bitcoin, even though some crypto influencers will tell you this is an important