This subreddit is a great place for advice. This advice could be summarized as "Crypto's 10 commandments". Most of this advice gets repeated here, sometimes on a daily basis.
Yet every day we read about people that should be aware of the key advice but violate this advice anyway - whether its anecdotal stories of people through posts or comments or news posts about other people. I wonder why that happens? So let's see.
If we assume that these are 10 of the most pivotal rules when it comes to doing well in crypto:
- Self-custody your crypto
- Dollar cost average (buy slowly)
- Make Bitcoin and/or Ethereum a significant part of your portfolio
- Do not FOMO or panic sell
- Do not invest more than you can lose
- Take profits (during the bull market)
- Do not listen to shillers on social media
- Dont advertise your crypto holdings online
- Do not store your seed online
- Focus on your education by learning a lot about crypto
How many of these 10 crypto commandments have you broken and what was your reason for doing so?
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