Don't get swept up in the hype
Take any comments that a crypto is going to the moon with a healthy dose of skepticism. People have said this about hundreds, if not thousands, of cryptocurrencies, and only a small portion of them became profitable investments.
It's a good sign when a cryptocurrency has built up a strong community of supporters, but that alone doesn't mean it's worth buying. Before investing, follow another popular piece of crypto slang: DYOR, which stands for "do your own research." Read about the cryptocurrency's uses, the services it offers, the problems it aims to solve, and the team behind it. This is a much better way of evaluating potential crypto investments than following social media hype.
Keep in mind that cryptocurrencies are high-risk investments. Even when you do your homework, there's no guarantee of success. A seemingly solid crypto project may go nowhere while a silly meme coin takes off. Because of the volatile nature of cryptocurrency, it shouldn't be a large portion of your investment portfolio. As a rule of thumb, invest no more than 5% to 10% of your money in crypto, and only put in as much as you'd be comfortable losing.