Tesla getting into bitcoin has opened the flood gates of Retail Investors. Few things I would like to suggest to people entering due to FOMO :
1. You don't need to buy 1 full bitcoin. You can buy any fraction of bitcoin as less as Rs. 100 worth.

2. Invest only what you can afford to lose because markets are highly volatile and you may end up losing it all.

3. Never send your crypto to anyone promising to give you more crypto in return or solving any issue of yours. Its all scam. You will end up losing it all.

4. No exchange/project/team will contact you first regarding private sale of any coin. Don't send them anything at all
5. Always check wallet address & compatibility while transferring ur crypto from one wallet/exchange to another for atleast twice. Transactions are irreversible

6. If you are investing a large sum and you want to hold it for a longer period, buy a hardware wallet and keep your crypto on it. Another way is to store your crypto on Cold Wallets (apps/softwares) who gives you private keys of your wallet.

7. Transaction fees are quite high on bitcoin and ethereum right now so don't move small crypto funds. You will end up eroding your own capital.

8. Before trying any arbitrage, always check if the exchange is allowing withdrawals of the given crypto and the average time it takes in executing a transaction.

9. Never get into any coin without reading about the project behind it. Always check Maximum Supply of the coin

10. If you are trading on only Indian Exchanges, download Binance and keep an eye on the internation trends. I have seen people entering in many coins at ridiculous prices when compared to international market. Small premium is ok but it shouldn't be huge

11. Follow good twitter handles. Use the twitter search box properly. Avoid coins who are being pumped by certain groups or big accounts are shilling about. They will dump on you

12. Telegram is most used platform by crypto projects because of its decentralised nature hence most misused one as well. Always join ONLY original groups and announcement channels. No Admin will ever contact you first.

13. Most important one for Indians right now : Govt has finalized the bill to regulate crypto currencies and are planning to table it in parliament very soon. Right now, nothing is banned. Still, proceed with caution. Don't get overexposed or Panic sell either.

14. RBI banned banks from maintaining accounts of crypto exchanges by circular and it was quashed by Supreme Court after Crypto Exchanges fought it. Same can happen with the bill too. While it was in effect, crypto was traded P2P and same can happen again.