Hey guy's just wanna share my personal experience with you like I Made $1 Million in Crypto....
Here Are 5 Key Investment Rules I Followed
1.Avoid Going All-In
Once you’ve determined your total investment amount, start with only a portion for your initial crypto purchase based on thorough research. Retaining cash on hand allows you to buy during market dips, reducing the risk of substantial losses if your initial strategy doesn’t meet expectations.
2. Secure Your Assets in a Hardware Wallet
Store your cryptocurrencies in a hardware wallet and keep your private keys and seed phrases safe. Avoid leaving assets on exchanges, as these platforms can be vulnerable to hacks or potential bankruptcy, risking complete loss of funds.
3. Resist Panic Selling
During rapid price declines, refrain from panic selling unless you’ve already realized significant profit and are considering an exit. Often, market drops are orchestrated by large investors (whales) to acquire assets at lower prices. While external factors, like exchange bankruptcies or regulatory bans, can impact crypto prices, history has shown that markets often recover over time.
4. Evaluate the Risk-Reward Ratio
It’s often more feasible for a coin to double from $1 to $2 than from $1,000 to $2,000, despite both being 100% gains. Once you reach your profit target, avoid holding out for a major surge, which could risk unrealized gains. Market volatility remains unpredictable, so balance ambition with risk.
5. Diversify Your Portfolio
Reduce risk by diversifying across large-cap cryptocurrencies with strong use cases. Additionally, consider spreading investments across other asset classes, such as stocks and gold, for broader financial stability.
Current Investment Recommendations
With Bitcoin at an all-time high, many ask which coins are worth buying now. I suggest considering Cardano (ADA) at $0.36, Pepe (PEPE), which could surge if Trump wins the election, and Sui (SUI), which, though already valued highly, remains a safer investment option.