A basic rule for crypto trading is:
“Never invest more than you can afford to lose.”
This is the golden rule because crypto markets are highly volatile. Here are a few other foundational rules to keep in mind:
1. Use stop-loss orders – Protect yourself from big losses.
2. Don’t FOMO (Fear Of Missing Out) – Stick to your strategy, not hype.
3. Do your own research (DYOR) – Understand the project you're investing in.
4. Diversify your portfolio – Don’t put all your money into one coin.
5. Have a clear exit strategy – Know when you'll take profit or cut losses.