Your crypto plan for 2024 ✨

Hey Investors! 👋

We are just over a week into the new year - and the Bitcoin halving is now just around 100 days away! 🗓️

We’ve seen a bit of excitement in the crypto space over the last couple of months and whilst the price of Bitcoin has been increasing, there is still time to accumulate more of your favourite cryptocurrencies! 🎉

To help you along the way, here are some rules for successful crypto investing in 2024! 🙌

4 crypto rules for successful investing in 2024 🎯

1. Be Strategic With Your Investing 📈

The best way to invest is to have some kind of plan. Be clear on exactly how much you can afford to invest, and how often you want to invest. Remember, dollar cost averaging is proven to be one of the best strategies. I recommend keeping funds available to top up during a dip.

Have an idea of how many projects you want to invest in, because if you spread your capital across too many projects, with not enough capital in them, then you won’t see much profit. Focus on increasing your units of each coin as that is how you see the gains!

2. Be Secure 🔐

During 2021, $14 billion was lost to scams and hacks in the cryptocurrency. space. Security is vital to keeping hold of your cryptocurrency so take the extra time to ensure you are as secure as possible. Make sure you have a 2FA authenticator app for all the different exchanges that you use. I recommend either Google Authenticate or Authy. If you’re prone to losing your phone or breaking it often, Authy might be the best option for you, although it is not secure as Google Authenticate. What makes Google Authenticate so secure, is that if you lose or break your phone you can’t access it, which means you will have to reset it for all the exchanges that were paired with it - this can be a hassle but also means your crypto is safer from hacks.

3. Be Extremely Wary Of Everything ❗️

When the market starts to bull, the number of scammers in the space also increases. Do not trust any link within an email sent from a crypto company - go directly into the app to check any communication. Double-check to make sure that you are on the correct website. If you come across a project offering amazing returns - be extremely cautious! All that glitters is not gold - especially in web3.

4. Have A Take-Profit Strategy 💷

Be prepared to take profit! Know exactly when and how much you want to take. When you’re in the peak of a bull market, your emotions can cloud your judgement and greed can kick in - leading to you making poor decisions. Have your take-profit targets ready and set orders to automatically sell and take profit for you. You can do this on most exchanges!

5. Only buy on red days! 🚩

It’s easy to get caught up in the FOMO when the market is bulling and be tempted to buy when it’s in the green - resist the urge! Remember, there is always a pullback, giving you an opportunity to buy at a lower price! Only buy when the price is down!


Learn how to invest with the course or mentorship 👩‍💻

If you’re still new to cryptocurrency and want to learn how to invest, check out my course or mentorship. For the rest of January, you can buy my course and get two 1 hr crypto mentorship sessions for £200 - reply to this email to book! You can also book a free consultation with me here.

Catch up soon ! 🫶🏽

Fariah 

Founder of Girls That Crypto

^{Please note: This is not financial advice. Investing in risky. Always do your own research.}