5 Simple Tips to Help You Minimize Losses When Investing in Crypto (Newcomers Should Read This!)
Are you just starting to invest in cryptocurrency? Don't let “FOMO” make you lose money! Here are 5 extremely simple tips to help you minimize risks and invest smarter:
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1. Always Set a Stop-Loss (Automatic Loss Cut)
Don't “hope the coin will turn around”! Set the maximum loss you can accept – and let the system handle the rest.
2. Don't Use All Your Capital on One Trade
The 80/20 rule: Only use 20–30% of your capital on 1 coin, keep the rest for rotation or to save when needed.
3. Avoid Buying at Peaks Due to Emotion (FOMO)
If you see a coin rising sharply in a short time, be cautious! Wait for a correction and use technical analysis to enter a trade.
4. Keep a Trading Journal
Record clearly: What price you bought at, why you bought, what you expect. Later, looking back, you will learn a lot from yourself.
5. Always Keep Learning – But Be Selective
There are too many channels, too many pieces of advice. Choose 1–2 reputable sources, and study them thoroughly instead of listening to too many.
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Conclusion:
Investing in crypto can yield high profits – but it is also very risky. Start with solid knowledge and a stable mindset, and you will go further!
