1) Invest 10–20% of your income after tax in crypto (since most of you, don’t know what “invest what you can afford to lose” means).
2) Keep your day job despite reaching your financial goal in crypto, so you are not emotionally dependent on your crypto profits as a source of income.
3) Read, and read, every day, do not underestimate the power of reading. Learn something new about blockchain and cryptocurrencies every day.
4) Surround yourself with crypto people, do not recruit your friends into investing in crypto.
5) Always do your own research. Manipulation, hype, pump and dump, fraud, scam, hacking, and stealing, are common here in this space, and can sometimes lead people to financial loss.
6) Avoid pyramid schemes, cloud mining, MLM, “earn interests” schemes, and ponzi schemes such as Bitconnect.
7) IT’S NOT CASH, UNTIL YOU SELL YOUR CRYPTO FOR FIAT.
8) Think long-term profits, not short-term gains.
9) Diversify your portfolio if you are unsure of what you’re doing, then narrow down your portfolio if you know what you’re doing.
10) Be responsible with your newfound wealth, don’t be reckless, you may experience a state of euphoria when your portfolio reached triple gains.
