Don’t put all the eggs in one basket. By diversifying activities into multiple cryptocurrencies, it is possible to reduce the risk, since at different times the different cryptocurrencies have their maximums and minimums.
You can also examine other investment options such as gold, silver or the traditional stock market. r/Litecoin guides you in these matters.
It is also a good idea not only to spread your investment across assets, but also to distribute it over time. This means not buying or selling all at once, but doing it in small steps.
Get informed by keeping track of community developments and cryptocurrency market fluctuations. Check the real-time value of digital currencies on our site! Look for coins that have a large volume of daily exchanges and have an active community . Check the currency / project on the most popular social media platforms like Twitter and Facebook. Some communities also have chat groups (sometimes unofficial) on Telegramm, Slack or Discord. From r/Litecoin you will get all the supports and suggestions regarding all these.