Skip to content

Crypto Insights

These essential tips are designed to help you as you start your Crypto journey, plus there are some key FAQs tailored specifically for beginners.  Most of these principles do also apply to NFT (digital asset purchases).

For more comprehensive FAQs, visit FAQs


Fundamental Tips for Beginners


  • Understand the Crypto Market Fundamentals. i.e. what is Bitcoin? What is blockchain? What is a smart contract?
  • Always do your own research; Don’t blindly follow an investment tip from a third party (regardless of how successful they are).
  • Develop an Investment Strategy (guided by an accredited financial advisor)
  • Investigate your ideal central exchange (CEX) company, and start a new account.  Complete the KYC (Know Your Customer) process to prevent future transaction restrictions.
  • Start your own personal wallet (to have full custody of your coins)
  • Purchase your coins in CEX
  • Transfer your coins to your personal non-custodial wallet. In some cases, you may leave your crypto assets in one exchange wallet – do your own research to understand the pros and cons.


  • If you are a long-term holder (#hodler), always stick to your Investment Strategy. Always have an exit plan for each coin/token, and don’t get distracted by day-to-day market volatility.  In Crypto terms this is called ‘to zoom out’ – don’t check your portfolio every hour/day.  Crypto Market is very volatile as it’s active 24/7/365 across the globe. You are destined to make irrational/panic decisions with no committed plan.
  • If you develop an interest in extending your portfolio and becoming a medium-term trader, then be prepared to do plenty of reading and research i.e. subscribe to various social channels to stay in touch with market trends and other opportunities.  Always do your own research!
  • As a medium-term trader, you should learn about; the basic level of charting, project credentials and the nature of projects (i.e. DeFi, NFT, L2 Utilities etc).
  • You can also investigate how you could earn passive income via various decentralised financial (DeFi) opportunities. i.e. by staking, loaning/borrowing etc.
  • For long-term investment, it’s common practice to measure your portfolio growth progress by using your favourite cryptocurrency as a benchmark (i.e. BTC). Ultimately, your portfolio may deliver growth in USD or AUD terms, but it may underperform in BTC value.


  • Absolutely essential to have an Exit Strategy, as the crypto market can move up and down very quickly.  5%+ daily volatility is accepted as a normal trading day, so it’s important to stick to your plan for when to exit.

Top-5 FAQs for the Beginners