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Ok, so there's almost no place where you can find understandable things where cryptocurrency beginners can learn something. You start all pumped up and enthusiastic, all impatient to learn and twenty minutes inside, you're holding your head because it's throbbing with pain just to find out that there's no easier way to learn bitcoins.
But do not worry as we've compiled a short list of tips that can help you a lot. We are calling this Bitcoin Hack Book.
Portfolio monitoring and investment strategy
- Our best choice is coin.fyi for portfolio monitoring. This is a website that is easily accessible on desktop / mobile. We hope that 2019 is the year in which we see good portfolio monitoring solutions.
- Coinmarketcap is the best place to learn about cryptographic market capitalizations.
- But make sure to check tools like Onchainfx as the evaluation of the value of crypto only through capital letters is NOT recommended in 2019. Gurl this year we are playing smartly.
- Diversity. This is about this. Diversify yourself to reduce your exposure.
- Get two different projects. One for your intelligent, long-term, thoughtful plans and the other for your fun, experimental and thrifty side.
- TO READ. TO READ. TO READ.
- Listen to alternative points of view and not turn your affirmation into a damned bible. Make sure you are flexible.
- Emphasize your ideas with smart people on the opposite side.
- Remember to breathe
Psychology
- Time is your friend, impulse if your enemy.
- Go easy on it, take it easy. Make well-informed decisions. It's your money and your time.
- You do not have to know everything before doing something. Sometimes it's okay to go with the flow or live dangerously a little bit. Just a little bit.
- Do not be afraid to experiment. Is it the only one you will learn and maybe you will also create something new?
Safety
- Check your encryption ONLY through private keys. Take a look at this article if you are looking for a wallet to choose from.
- The two-factor authentication is your best friend. Use it wherever you can.
- Go to old school and keep your passwords in a diary / diary. Find a way to encrypt them, if you can, but please do not do something so difficult that you forget.
- NOT, and again, DO NOT use public WiFi for trading.
- Mark your sites to avoid phishing.
These are just tips and precious details that nobody talks about when you first start. This is in no way an investment plan or advice. Please do not blame us for your ruins.
P.S: keep checking to keep you updated.
