The 10 Commandments of Cryptocurrency | The Crypto Bible
The First Commandment: Never invest more than you can afford to lose. Cryptocurrency while lucrative, is also HIGHLY RISKY. This means you must approach each trade with care, ensuring you are only using funds which if lost, will not negatively impact your life, or major living needs.
The Second Commandment: Use dollar-cost averaging.
The Third Commandment: Do Your Own Research and stick to the fundamentals.
The Fourth Commandment: Always use common sense. If you don't know, or aren't sure, ask those who know.
The Fifth Commandment: Learn from the mistakes of others. Few can afford to waste money, and no one can afford to waste time (even if they think they can).
The Sixth Commandment: Stick to the major Coins and Tokens - especially in the beginning.
The Seventh Commandment: Use safe storage. Never cut corners with security, and self custody.
The Eighth Commandment: Take time to understand the technology.
The Ninth Commandment: Pay attention to rules, regulations and laws relating to cryptocurrency.
The Tenth Commandment: Use crypto indicators to inform decision making. In the world of cryptocurrency there are no refunds, or returns. Once you click the "send" button there's no turning back. Make sure you know what your doing BEFORE you make a mistake, by taking time to understand what your dealing with, how it works, and what the expected outcome will be.
