Master Crypto- Top 10 Tips for Trading & Investing Success!

Decentralised News

Decode the Crypto Market: 10 Game-Changing Tips for Trading & Investing. These Top 10 Crypto Hacks will Unleash Your Trading and Investing Potential! We cover everything from understanding market dynamics to creating profitable trading strategies.

Transcript

00:00what's up guys welcome back to the channel in today's video i will be doing a definitive guide

00:09to securing your financial future if you're new here just make sure you subscribe and hit that

00:15bell icon for the latest finance crypto investing insights and today we'll be delving into the

00:22exciting world of crypto with 10 powerful tips for investing and trading so please stay tuned to

00:30the end of the video and don't forget to check out our main site decentralized news so the first tip

00:37on our list today without wasting any time is obviously just understanding the basics this is

00:44something that a lot of people just overlook the number one tip is to just make sure you understand

00:50the things that you get involved with so cryptocurrencies essentially do operate on a

00:54blockchain which is this technology uh based on distributed or decentralized ledges that maintain

01:02a network of computers or nodes and cryptos are actually not governed by central banks which is

01:08the distinguishing factor here making them immune to government manipulation to a large extent so

01:15learning about the technology and how it can improve your life will give you a solid foundation

01:21for investing your money that is why that is the number one tip just to make sure you understand the

01:27basics in order for you to do that you can go check out our beginner guides on our main site you can also

01:34check out uh my book uh blockchain applied which does give you real insights on how distributed ledges

01:42work okay so that's number one number two is for you to ensure that your portfolio is adequately diversified

01:50so this is the second tip very important as well make sure you divest your portfolio or diversify rather

01:58and don't put all your eggs in one basket so invest investing rather in a range of uh digital assets

02:05can uh maybe actually help you to uh reduce your risk as of my knowledge um you know i would say that uh

02:15having uh mainstream blue cheap assets such as bitcoin or ethereum are key to a basic portfolio but the more

02:24that you start to understand the ecosystem the more you can maybe dive a little bit deeper into other assets

02:31based on the use cases and making sure you are getting the right insights because if you do end

02:38up investing in the wrong thing you are guaranteed to lose your money i've seen many many people do this

02:45so diversification on the other hand as well does not guarantee any profits so make sure you know this

02:52is something that you understand but it does maybe just uh you know make sure you're protected against that

02:59market volatility so that's number two number three is making sure you do your research before you

03:05invest on decentralized news we've got a research tab where you've got all the tools that you'll need

03:12to be able to make sure you're getting the right information we've got guides reviews explainers so that

03:19you know we while we actually play with these technologies we share our insights on which ones are

03:24good what is the upside what is the downside so making sure you're doing your own research

03:29is very key uh analyze things such as maybe the crypto supply that is the asset that you're willing

03:36to actually put your money in its demand its use case the team behind it use credible sources for

03:42your research like i said decentralized news being one of those and there are ton others that you can

03:47find online but make sure you're doing your due diligence okay so make sure you also read if it's a

03:52project if they've got a white paper does it make sense do the concepts actually look feasible in

03:59terms of whether they can deliver on their promises also check reputable news sites and objective forums

04:05knowledge is power so that is number three on our list number four is to just make sure you guys start

04:12small okay don't just ape in and you know make sure you don't pretty much invest all your money or money

04:19that you need to survive on a day-to-day basis investing is usually something that you should

04:26at least have a long-term uh uh sort of a horizon on and uh you know make sure you're keeping your

04:32emergency fund your day-to-day expenditure to the side and separate from the portfolio that you want to

04:40invest uh or trade okay because there are risks with that so starting small is key and uh you know making

04:48sure you're making smart strategies with how you actually start to get into the market because having

04:56exposure can you know line you up for greater returns if you make the right calls having no exposure at all

05:04means no risk no reward number four so number five make sure you are prepared to stomach the volatility

05:12uh the crypto markets are very volatile they operate 24 7 unlike um the traditional markets

05:19that is a stock market etc so you know news regulations market sentiment can shift from

05:28second to second so this is something that you should just be aware of for example during 2021

05:33bitcoin the largest crypto currency by market cap saw swings of between 20 to 30 percent in single

05:40days sometimes you have to be prepared for these ups and downs that is number five okay so number six

05:46is learning about market trends okay so make sure that you know you understand the trends cryptos often

05:53follow patterns and trends uh bullish periods can lead to crypto euphoria and uh you have to be wary of

06:01this as well so buying the bottom when the sentiment is very low people aren't interested in cryptos is very

06:07uh like a wise strategy to take in selling when there's a mass hysteria and just too much excitement

06:15that has no real fundamental basis so what goes up must come down what goes down will eventually go up

06:22if it is a sound asset so remember that and making sure you take advantage of the lower prices especially

06:30while we're still at these bottoms this is a good time to start really doing your work in terms of

06:35your asset selection so that's number six number seven beware of scams of course this is something

06:41that is very prevalent in the crypto markets from ponzi schemes to fake ico's to scams from hackers

06:48unfortunately this is all part of this industry and many other industries of course always make

06:54sure you verify the credibility of the sources and you never make any mistakes as far as your passwords

07:01or your private keys make sure you keep those secured the real uh advantage of uh digital assets is

07:07obviously this non-custodial nature where you can actually hold your own private keys so make sure

07:13you keep your uh security top level because if you do lose your digital assets there's really no authority

07:20you can go to necessarily to just make sure you can get that done a lot of people in a lot of places aren't

07:26even aware of how crypto works so make sure you are staying protected okay on decentralized news i've

07:33actually done guides how you can actually protect yourself from hackers as well so number eight is

07:40just to consider a long-term investing uh because uh playing the markets on a day-to-day basis if you're

07:47not somebody who's very skilled at doing that can be disastrous okay so um make sure you know you

07:53consider what we call hodling which whole uh means pretty much uh hold on for dear life a strategy

08:00where you can hold uh assets for long periods of time especially if they have real good fundamental

08:05value regardless of the volatility according to 2021 statistics by chain analysis or chain analysis

08:13approximately 60 percent of bitcoin supply is actually held by long-term holders a lot of the people

08:19that lose money are the people that come in and when the market is really really good and there's

08:24all these good stories about crypto everything seems to be going up and as soon as the market starts

08:30to retracing they sell at a loss don't be one of those people okay so number nine just embrace a

08:37decentralized finance okay so d5 is an ecosystem where you can borrow land trade and interest without any

08:45central authorities removing these intermediaries just gives you a better yields than traditional

08:52banking because you know i have to be paying a lot of middlemen so d5 is the future like i said i've

08:58just spoken about non-custodial ownership of your assets making sure you're your own bank d5 allows you

09:05to do this so if you want to know more go check out my new book d5 millionaire you can go to d5-millionaire.com

09:13it's a free book that i made sure you know everybody is included because d5 is really for the people i

09:20want you to really get to grips with all these concepts and uh there you go make sure you check

09:27out the link in the description on top of it the last thing is to make sure you're staying updated

09:32checking out the best newsletters the best sources for information like i said decentralized news offers

09:38all of this on our main site we've got all things from nft marketplaces d5 platforms cryptocurrency

09:46exchanges anything and everything that you need to know about crypto you can find on decentralized

09:52dot news and just lastly guys just remember that unlike traditional banking which relies on third

09:58parties um for investing uh for you for example and often charging you high fees cryptocurrency does offer

10:07this path to financial freedom just by enabling uh the peer-to-peer transactions that actually offer do

10:14uh the reduced costs and also open uh financial services so uh investing in crypto is not just a

10:23trend it's a financial revolution so you always have to be aware of that it can be a path to passive

10:29income an opportunity for substantial returns most importantly a step towards financial freedom so

10:35there you have it guys 10 useful tips for investing and trading in crypto remember the future of

10:41finance is already here and it's digital if you found this video useful make sure you give us a

10:47thumbs up share your thoughts leave a comment below and make sure you check out the links in the

10:52description to the platforms that i do recommend people trade on typically these are non-custodial platforms

10:59where all you need is pretty much a mobile or web3 wallet and you can pretty much start going with

11:05without any risk to your own assets being held by another intermediary like these uh normal

11:11exchanges that we typically use the big ones the binance's the okx's the cool coins of this world

11:19which are pretty good as well but uh you have to just understand the inherent risks that come with

11:24those centralized parties go check out the links to gmx gns which is games network apex protocol sin futures

11:33mux these are all non-custodial platforms that you can trade today and get started on your financial

11:39freedom journey like i said don't forget to go to d5-millionaire.com and check out my latest book

11:45it's free you've got no excuse to get in with this revolution let's go crypto to the moon like share

11:52subscribe turn on the notifications i will see you guys in the next video peace

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