We all love to make profit especially in this volatile market to get 500% return at least in a week. Decentralization is the future, but we want to seize the opportunity to get rich quickly and for some of us, it might not be the solid investment opportunity if failed to follow proper principles/guidances.

You are always taking a risk even if you invest in RaiBlocks/IOTA (or some other world changing coins). Since the market is so volatile and with the involvement of big whales, we are always taking risks of loosing all of our money. So invest only what you are willing to loose. I heard people taking loans out to invest in crypto which doesn’t sound like an intellectual move. Besides that, there are always risks like government shutting down exchanges, government regulations, exchanges getting hacked, phisings. Always Re-Verify Everything You do. There are instances where people lost 4 BTC traded for 0.2 LINK in EtherDelta. So beware of this exchange because it most likely happens here. When you are transferring the funds, always make sure the wallet is compatible with the currency of your choice. Know your Currency before investing. People tend to lose money especially if they invest in coin right after it comes out of ICO. It is essential to know which coin you are investing in and whether it has a long term potential or not.If you believe that the company behind the coin is standing for a cause that has some kind of potential, only then invest in it. When you’re studying the tech behind the coin, ask yourself this question — is this a technology you would be interested in using? Is this something that can stand the test of time for at least 5 years? If your answer to these two questions is yes, only then think of investing into it. Many new coins come out with attractive pamphlets and videos as a marketing gimmick but it is critical to do your own research before investing. Don’t Panic. This is what new users should be aware of and should avoid. Whenever the price of currency drops even by small percentage, panic selling starts and especially if you are keeping track of the chart at the same time, you will go through this panic selling, and will likely make a mistake. You should be aware that you are in a volatile market and panic selling and rapid buying is normal. Thats why you need to follow number (3).