00:00Do you know what you're invested in? Crypto is a major opportunity for anyone who wants to get
00:05involved, but with any investment, it's important to understand what you're getting into. While it
00:10is valuable to be around another group of like-minded investors who you can lean on and
00:16ask questions about their strategies and which tokens are important, I'd encourage you to read
00:21the white papers, figure out who their biggest competitors are, and understand the utility of
00:27a token and network and ask yourself why it might fail. Even after you take these steps,
00:32staying up to date on the news is really important. A lawsuit might spell a drop in price, but if
00:37there's utility for that token or network, you might consider even buying more of it as the price
00:43comes down. Conversely, if there's a new coin that provides a better solution to a problem that your
00:48coin solves, then it might be an option to buy that instead, and you might need to rebalance your
00:54portfolio.
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