š¢ Just Starting Out in Crypto Trading? Read This š
If youāre new to trading, donāt worry ā weāve all been there.
Here are 3 simple tips to help you avoid common beginner mistakes:
š 1. Start Small
Donāt jump in with your entire portfolio. Try with a small amount while you learn how the market works.
š 2. Learn the Basics of Charts
You donāt need to be an expert in technical analysis right away. Start with simple things:
⢠Support & resistance
⢠Trend direction (uptrend vs downtrend)
⢠Candlesticks š
š 3. Donāt Chase Pumps
If a coin is already up 50% in a day, it might not be the best time to buy. Learn to wait for better entries!
ā
Bonus Tip: Use tools like Stop-Loss to protect your capital. Risk management is the #1 rule in trading!
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