$BTC During the time spent on the exchange and in cryptocurrency in general, I understood a couple of simple truths that allowed me to be profitable in 88% of cases.

1. Don't work with futures; if you do, invest only 5% of your total capital, no matter how much of an expert you are, the market doesn't care.

2. Always buy only what you understand and know; if you see a promising project, spend at least 2 days gathering information about it and 14 days studying the charts.

3. If you see that you are going into the red and your capital is declining, set for yourself a maximum loss that you are willing to bear. NEVER sit through huge declines; it’s better to exit a trade early and then buy back than to lose a significant part of your capital (even in spot trading).

4. NEVER trust couch experts and bloggers; listen to no one, but you can take heed, these are different things. Don’t blindly follow the crowd; only 1% make money. If information is available to the masses, it is already outdated.

5. Always diversify your portfolio (40% of your total deposit should always be in BTC or ETH). Although the latter is not performing very well at this time.

6. ALWAYS learn something new; don’t just hold. $BTC $ETH