My advice for growing your money sustainably over time:
1. Only invest what you are willing to lose.
2. Diversify, as not all cryptos rise at the same time or in the same way.
3. Unless you are an expert, do not invest in futures or with leverage. You can gain a lot, but you can lose everything.
4. Think about an investment timeframe. You could gradually lose all your money if you enter and exit with constant losses every day.
5. Study; it is always good to learn to read charts so you can understand if a crypto is trending or facing resistance.
6. Be very careful with new cryptos that Binance adds; they could drop by 90%.
7. Be even more careful with low-cap cryptos; while they could rise significantly, they could be “delisted” by Binance or at least put on “monitoring,” drastically lowering the value.
8. Determine to think that you alone are responsible for your money and its management.
9. Have an idea of when to exit a crypto, whether to take profits or to stop losses.
10. Do not get discouraged; it is a volatile market, and sometimes it is not easy to understand.
Follow me; I am looking for opportunities in the crypto world. You can see the results in my portfolio here in Copytrading (without leverage) at #binance . In the attached photos, you can see how my money has grown in terms of % and $.
