#TradeLessons Here are some top trading tricks for crypto trading that both beginners and experienced traders can benefit from:
1. Set Clear Goals & Strategy
Define your risk tolerance and trading goals.
Decide if you're day trading, swing trading, or investing long term.
2. Risk Management Is Key
Never risk more than 1-2% of your portfolio on a single trade.
Use stop-loss and take-profit orders to protect your capital.
3. Follow Technical Analysis (TA)
Learn to read candlestick charts, trend lines, and volume.
Use indicators like RSI, MACD, Moving Averages, and Bollinger Bands.
4. Watch for News & Market Sentiment
Crypto is heavily influenced by news, social media, and macro events.
Use tools like CoinMarketCal or CryptoPanic for tracking news.
5. Don’t Chase Pumps
Avoid FOMO (fear of missing out). Chasing green candles usually ends in red bags.
6. Diversify Your Portfolio
Don’t put everything in one coin. Spread across multiple assets to reduce risk.
7. Keep Emotions in Check
Stick to your plan. Greed and fear are your biggest enemies.
Avoid revenge trading after a loss.
8. Practice on a Demo or Paper Trade
Try strategies without risking real money first. Platforms like TradingView allow this.
9. Understand Market Cycles
Crypto runs in bull and bear markets. Don’t trade blindly—know where you are in the cycle.
10. Secure Your Funds
Keep trading capital on exchanges but store long
