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Tips for Beginners to Digital Assets – Do Your Own Research

Tips for Beginners to Digital Assets – Do Your Own Research

Mistakes to Avoid

A common error new traders make entering investments without adequate research on a particular coin, often just following someone else’s lead.

Experienced Members’ Approach

Many of our community members are seasoned traders. They might swiftly secure a position in a project due to their familiarity with that crypto niche or similar ventures. Their accumulated experience enables them to quickly assess a project’s potential.

Advice for New Members

Newcomers lack this depth of experience. If they wish to rapidly enter a trade, it’s recommended they do so with only a small portion of their portfolio. Every member, especially the newer ones, should complete their own research before purchasing a digital asset.

The Power of Asking Questions

In the Blockcircle Community, we champion learning and growth. Always remember that every question is valuable; it’s an opportunity to learn. Checkout the #Get-Help section for more information about where members can ask questions.

We recommend that you study the article on starting your research with Coingecko. Next, review the remaining Getting Started guides or return to the main categories to learn about the Blockcircle Platform, Discord, Telegram, and TradingView.

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