【Repost】Which cryptocurrencies can be safely invested in right now?

Teacher, which coins are good to invest in now? Are there any recommended cryptocurrencies? Any Web3 projects to suggest?

This is the most frequently asked question, without exception. It gives me a headache just thinking about it, so I’ll give a unified response here.

I do not recommend any cryptocurrencies.
I do not recommend any projects.

Of course, some business partners come to me for collaborations, and some are quite profitable, but I have refused all of them. Because they do not align with my values.

Let me briefly explain why I do not recommend any cryptocurrencies or projects.

First, for readers, investing is never something to follow the crowd or blindly follow others.
If you rely on others’ recommendations to choose investment targets, whether in the stock market or the crypto space, it’s very dangerous, extremely dangerous‼️. The chances of making money are really small.
Investing requires independent thinking, analysis, judgment, and decision-making, and you must be 100% responsible for yourself.

Second, for myself, I have my own principles and values. Giving advice or recommending projects to others is a huge responsibility.
What I say and do must be approved by myself and responsible to others. This is a basic principle and value.
I have been immersed in this field for 7 years, gaining extensive practical experience, observation, reflection, and communication.
First of all, financial markets are really chaotic, whether it’s the stock market or the crypto space, scams are everywhere. Even honest startup projects have a very high failure and zero-return rate.
It’s no exaggeration to say that over 90%, even 99%, of projects will fail.
Secondly, even if I recommend a very successful coin or project, most people still can’t hold on or even lose money.
Because this involves investment skills and experience.

1. When to buy? How much to buy?
2. When to sell? How much to sell?
3. What strategy do you adopt?
Long-term holding? Short-term trading?
Dollar-cost averaging or going all-in?
4. How much of your funds should be invested? How much to add to your position? How much to keep for emergencies and risks?
5. Do you have a steady cash flow outside the market?…
I’ve seen many people lose money in a bull market. I’ve seen even more people get left behind in a bull market.
On one hand, it’s true that a person cannot earn money beyond their understanding.
On the other hand, even if someone’s understanding is correct, in the face of sharp market fluctuations, human fears and greed will be amplified infinitely. Don’t be stubborn!

Finally, if you are a complete beginner who just entered the crypto market and knows nothing, I strongly recommend:
My advice is five words: 【Dollar-cost average into Bitcoin】. (These two are the most stable: Bitcoin first, Ethereum second.)
No matter how much money you have, build your position gradually, and dollar-cost average into Bitcoin over time. The longer you hold, the better.

Take my advice: It’s not easy to save money these days. Protect your wallet, don’t mess around. Don’t fight against your money.
If you want to tinker, at least stay in the crypto space steadily for 3 years before doing so.
$BTC ‌$ETH ‌