How not to be a typical cryptocurrency beginner

Cryptocurrency is becoming popular and the pandemic has added fuel to it’s popularity for instance young investors from non-metro cities in India are buying digital or virtual currency. But the problem is that every 1 in 3 investors in crypto don’t know what they are doing.They know little to nothing about how the investment should be done.Like these investors, Many others also get straight into investing with the dream of becoming millionaire overnight without gathering proper knowledge and information about bullish and bearish trend. Since they don’t take time to read signals and they can’t predict when the coin is going to pump or dump, they buy coins without knowing much about it.Also they need to know that not everytime they would be in profit.It’s a market like stock market.You don’t always have a win-win situation.The unsaid rule to be successful in cryptocurrency is to effectively,technically and psychologically manage risk. Consequently,at the end of the day all they gain is the `LOSS.` Thank you for reading.Take care y’all.