How to win at crypto?

Tip #1: Don't buy into hype, look at the coins in red and out of top 20 at least for your next investment.

" If investors have already made money from a coin, the value will go down when they cash out their positions and you will be left holding an asset that is worth less money than what you bought it for".

This is one mistake that investors often commit. By buying into an investment that someone else already has a stake in, you essentially are raising the value of their stake by increasing the demand for it. Similarly, you are hoping that more people will invest after you and help raise the value of your stake as well.

Tip #2: In the crypto world, leaders are rewarded handsomely not followers.
Jumping on every coin that is mooning is a bad choice. Being late to the party is worse than not going at all.

Tip #3: Do your own research before buying into a cryptocurrency of your pick.
You can listen to your friends, renowned investors or even follow the news. But don't forget you are investing with your own money, not theirs.

Some questions include:

• Do they have a solution to a real world problem?
• Is their solution scalable?
• Is their roadmap promising and sound?
• How are the milestones being met?
• Do they have a team with good track record and experience?
• Is it undervalued?
• Will it still exist in the next few years?
• Compare whitepapers
• Join their community channels and ask any questions you may have

Tip #4: If you have a chance to buy at a price lower than your initial investment, doing it can reduce your average weighted cost.

I hope these tips have helped you in one way or another. Here's to a promising 2018 :)