Crypto trading is super volatile, so the best advice is to stay smart, not emotional. Here's a compact list of solid tips:
1. Never invest more than you can afford to lose
Crypto is high-risk. Treat it like Vegas money.
2. Use stop-loss and take-profit levels
Always set a plan before you enter a trade. Don’t "hope" it recovers.
3. Avoid FOMO (Fear of Missing Out)
Just because something is pumping doesn’t mean it’s a good idea to jump in late.
4. Stay away from leverage unless you're experienced
Leverage amplifies both gains and losses. One bad move can liquidate your whole position.
5. Stick to major coins unless you're doing deep research
BTC and ETH are relatively stable compared to meme or micro-cap tokens.
6. Keep emotions out of trading
Don’t revenge trade. Don’t get greedy. Stick to logic, not vibes.
7. Use multiple timeframes for chart analysis
Don’t trade just based on the 1-minute chart. Zoom out and get the bigger picture.
8. Diversify—but not too much
Holding 5–10 solid assets is better than randomly investing in 50.
9. Learn technical analysis basics
Support/resistance, RSI, MACD—these tools can give you a solid edge.
10. Keep learning & stay updated
Crypto is always evolving. Follow legit sources, ignore hype-driven influencers.