Stop buying crap and spend at least an hour or two at the bare minimum – much better to spend a day or two really digging into a coin before putting a single $1 of your hard earned money or stimulus money or any money into ANYTHING!
Stop buying coins that have already 5x-20x’d or more just because a bunch of Youtube channels and articles say their coin still has 100’s of % upside! Not to say ‘some’ YouTubers arent great because there are some very helpful ones (you know who you are).
Dont take my word for anything or anyone else’s DO YOUR OWN RESEARCH
This recommendation below is not financial advice but is somewhere to start.. This is a coin that has only just begun its initial move about a week ago starting at 0.0054 usd (half a cent) and upon the release of information pertaining to a full scale banking license called First Blockchain Bank & Trust built on xpr Proton blockchain it saw over 100% value increase. Today its still only trading in the 0.013-0.015 range.
Yesterday they announced their official release of Protonswap which has near zero transaction fees versus other swaps out there like Uniswap where fees are upwards of $50 per trsnsaction and slow transactions.. and yet Uniswap went from 0.40 to $36 in 4-5 months! https://blog.metalpay.com/proton/proton-swap-is-now-officially-live/
Today they announced their banking president Lee Woolley – https://www.fpri.org/contributor/lee-woolley/
I know others have claimed game changer this and game changer that but Protons First Blockchain Bank & Trust isnt just game changing for Proton and Metal it is for our entire industry! They plan to service not only retail customers but other crypto companies who are tired of the run around by the banking industry telling them they wont even allow customer deposits or withdrawls or denying service entirely! This is the first bank that will be crypto friendly top to bottom and should propel crypto forward in a big way.
Marshall Hayner did a detailed ask me anything that you can find in the Proton blockchain subreddit as well as other links to pertinent information as you do your own research.
And again do not take what ive just said as enough info to just dump your hard earned money into something – go and either prove what im saying for yourself or disprove it and only then make any sort of decision financially.
In my first couple years i failed to use these principles and wasted money on projects because they sounded good, and had flashy websites and people shilling the hell out of them everywhere.. i remember thinking “well lots of people are raving about a project, must be good”! Almost never the case.
Be smart, use your own comon sense to find projects that havent taken off yet but have significant provable events about to take place.
Another to really look into is scrt Secret – ive yet to commit significant $ to this project because im still in the learning phase but i am invested and with their ability to provide partial data security for company and client financials for example while the transaction is still viewable i think its going to bring a ton of value to Ethereum, Cosmos, and many others so dyor.
Good luck everyone.