For the interest of learners in the cryptocurrency market, here are take home keypoints you need to excel in the industry.
The crypto is a tech and a financial market, which needs thorough study void of sentiments to obtain good knowledge before making any investment, and recommendations.
Basically, learners of cryptocurrency should endeavor to pursue education firstly, skip the impromptu money making mentality, so that they won’t be on the side of incurring losses to themselves.
One of the realities of life any crypto learner should be aware – there is no free money anywhere! Do not jump into trading or investments with baseless speculations, because it may work out well (as you may tag yourself lucky) at first, but definitely won’t work at the long run.
As a learner in the crypto industry, kindly do anything to help yourself by taming your emotions and greed. Keep an open mind – willing to ask necessary questions as you make factual analysis on any topic of discus. This will safeguard you from falling victim to the hands of bad players in the cryptocurrency market.
The bad players in crypto are cybercriminals – fraudsters, scammers, and hackers. To choose safety and avoid getting into their baits;
Avoid many Airdrops ongoing on Telegram, because greater percentage of TG Giveaways are clickbaits, quack, and time wasting. Most times, they unveil techniques to ask for your seedphrase – to airdrop tokens – which is a red flag.
More so, it is recommended that you have a wallet designated strictly for participating in crypto Airdrops. Refrain from making the mistake of using your major wallet – where your valuable assets are stocked, incase of necessity.
What to look out for while participating in any crypto airdrop on Telegram – who are those piloting the project, are they to be trusted, and what are their track records, then what exactly is the project’s roadmap. If these essentials ain’t met, apply wisdom kindly.
Subsequently, if a verified project recommends that you make use of C98 Wallet, Trust Wallet or Metamask Wallet, they will ask you to drop your wallet receiving (public) address only if you taken part in any of their Airdrop competition.
Most Airdrop distributions do not happen instantly, so as you participate, endeavor to move on with other things that you are doing, while you monitor their progress and activities occasionally. Some might get automatically distributed but locked for specific period of time.
In the aspect of trading, learners in cryptocurrency can make profound researches through YouTube, Crypto Journals, exploring search engines to obtain information, as well joining communities that promotes basic education on trading, investing.
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Good write up. Thanks