Quick Guide to Investing Cautiously in Crypto

1. Key Mindset:

· Only invest what you are willing to lose. The risk of losing it all exists.

2. Main Strategy:

· Do DCA (Dollar Cost Averaging): Invest a fixed amount every month/week, regardless of the price. It is the simplest and least stressful way.

3. What to Invest In:

· Start with the safe: Bitcoin (BTC) and Ethereum (ETH), XLM, XRP, SOL, etc. They are the most established.

· Avoid unknown coins until you gain more experience.

4. Protect Your Money! (Most Important):

· Cold Wallet: For large amounts, use a device like Ledger or Trezor. It is the safest option.

· Don’t leave everything on the Exchange: After buying, move your cryptos to your personal wallet.

· Never, ever, share your "Seed Phrases" of 12 or 24 words. Store them in a physical and secure place.

· Enable two-factor authentication (2FA) on the exchange, using an app like Google Authenticator.

5. What to Avoid:

· FOMO: Don’t buy just because everyone else is and the price is rising.

· "Opportunities" with guaranteed profits: They are often scams.

· Trading with leverage: It is very risky and not for investors.

In summary example: Start slowly (DCA) with BTC/ETH, store them in a cold wallet, and never share your keys. Patience and security are your best strategy.

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