Some friendly not financial advice

I started in crypto in June of 2021, and I’ve learned a lot in my short journey. I thought I’d make this post to help newcomers.

1. Don’t chase prices when they are sky rocketing and are near all time highs.
2. It’s better to buy when crypto is going down and dipping. Look at how far it is from the all time high.
3. If the crypto has a high market cap and has good real world utility, there’s a good chance it will do well in a bull run.
4. Don’t listen to price predictions of ANY influencers.
5. Take 15 minutes to learn how to stake your crypto, trust me it’s worth it.
6. Learn how to do your own research (I have a post on my profile about that)
7. Be very weary of influencer promoted projects. They’re not all bad, but be careful.
8. Don’t panic sell during crashes.
9. Bear markets are your friend for accumulation periods.
10. Have an accumulation plan and an exit strategy.
11. Trust no one.

Did I miss something? What else have you guys learned that could help newcomers?

My biggest mistake was panic selling during a flash crash. Never again.