If you want to become a successful cryptocurrency trader then these cryptocurrency tips and hacks created by a long time crypto trader will help you on your way.
1. Don’t think you will be a millionaire instantly
2. It’ll take time to learn. Don’t give up after no success straight away
3. Meme coins aren’t worth investing in
4. DO NOT sell as soon as you see a price drop
5. Use apps such as poocoin to see current prices
6. Use a good digital wallet such as crypto.com to hold your cryptocurrencies
7. Try getting into cryptocurrency as soon as you can
8. Join groups on Facebook with other crypto traders
9. Listen to other people as they may have useful information
10. Help other people if they need it
11. Always do your research on new crypto coins
12. Use apps such as HoneyPot to see if coins are scams
13. Don’t give up if you get scammed out of one crypto coin
14. Watch videos on crypto coins
15. Some companies give 25$ free cryptocurrency for having a wallet with them Crypto.com (Use this link to claim your free 25$)
16. Learn what a bear market is
17. Learn what a bull market is
18. The best time to buy is during a bear market as all prices are low
19. In a Bull market you can sell your crypto currencies making a profit or you can hold on
20. Always hold some big coins such as Bitcoin and ethereum as these coins could rise slowly
21. Try putting money in weekly as it will build a pattern which you can follow
22. Do not put all your money into cryptocurrency as if the markets drop you have nothing to fall back on
23. Look through a cryptocurrency developers white paper to read on their project and determine if its a scam
24. Don’t check the market prices every 5 minutes
25. Keep your wallet Information in a safe place
26. Have multiple wallets incase one gets hacked
27. Don’t scam people as you will get found out
28. Don’t trust people who ask you for your cryptocurrencies
29. Don’t sit at a desk for a while
30. Get up and stretch every hour during work
31. Don’t eat while working
32. Try to learn atleast 1 hour a day
33. Don’t quit your job as crypto trading isn’t a stable income
34. Crypto.com has a debit card where you can spend your crypto in real life and you get cash back on your purchase
35. Try to find new coins as they might be the next big thing
36. NFT’s aren’t worth investing in
37. Don’t waste your time doing nothing
38. Don’t waste your money
39. Ask successful people for tips and what to invest in
40. It is a long term investment. BE PATIENT
Want to get started on your journey and become a successful cryptocurrency trader?
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Feel free to comment below and let us know what your favourite tip is.
