So after 8 weeks in the Crypto Universe i'm still a few thousand dollars down.
I bought in when the market cap MC100b and invested fairly evenly between ($ wise)
Ethereum
Ripple
XEM
NXT
EOS
SC
and a few others
I've learnt so much.
Lesson 1: If a youtube expert claims a coin is going to the moon then chances are they are about to dump it.
Lesson 2: ICOs are for insiders who purchase for pennies and get the Alert when to dump so tread very carefully and only use a few hundred dollars you are willing to lose.
Lesson 3: And by far the most important .ALWAYS read the white paper and assess if the offering has a sound business PLAN.
Investing in a future Company can potentially pay off BIG time as opposed to buying a TOKEN which is simply shared with no genuine value .
Lesson 4: NEVER sell for a loss if possible.Most Currencies will increase over time if you give them a chance.I constantly see people posting on Social Media wanting the inside scoop to make a quick buck.
Slow and steady wins the race.
Thanks for reading.
Rerun