Advice to crypto investors from the founder of Ethereum!

Vitalik Buterin, the founder of Ethereum, has four golden pieces of advice for crypto investors.

The cryptocurrency market entered the week painfully. While a final decision on Bitcoin spot ETFs is expected between January 8 and 10, pullbacks have begun in cryptocurrencies. In the bearish crypto market, investors began to think that the "buy expectation, sell news" strategy started early.

With the market tumultuous, Ethereum founder Vitalik Buterin has some advice for crypto investors. Buterin, who made four recommendations, drew criticism from the crypto community.

Vitalik Buterin shared a post that sparked a backlash

Vitalik Buterin, the founder of Ethereum, drew the reaction of crypto investors with his post on the X platform. Buterin offered four strategic pieces of advice to crypto investors. On these recommendations, investors stated that Buterin should take care of ETH.

This is awful advice. Some actual financial advice:

* Diversification is good.
* Save. Get to the point where you have enough to cover multiple years of expenses. Financial safety is freedom.
* Be boring with most of your portfolio.
* Don't use >2x leverage. Just don't.

— vitalik.eth (@VitalikButerin) January 7, 2024

Buterin's post was quickly viewed by 1.5 million people. Buterin, who has reached a large audience, gave his four recommendations for the future of investors.

Offering four pieces of advice, Buterin said crypto investors should diversify their portfolios. This strategy is also recommended by most crypto experts. It is important for investors to have a diverse portfolio in terms of minimizing risk.

Buterin gave another piece of advice about saving. Ethereum's founder told crypto investors that they need to have enough savings to allow them to spend several years. Buterin said that financial security is freedom.

Buterin also mentioned that crypto investors who create portfolios should be patient and strong-willed. Stating that investors should wait until they are bored in their portfolios, Buterin touched on the returns of long-term investment.

Buterin's latest recommendation was for leveraged trading. Buterin stated that traders should not use more than twice the leverage.

Although Buterin gave sensible advice to investors, he attracted reactions. Crypto investors have been critical of Buterin, especially on the ETH's trajectory. An investor reminded Buterin that he needed to take care of the ETH price.