#OrderTypes101

Tips for Beginners

#TradingTypes101

1. Start with an amount you can afford to lose:

The most important rule in trading is not to invest more than you can afford. You must be mentally and financially prepared to lose it, especially since the market is volatile. Don't gamble with your essential expenses or necessary funds.

2. Learn technical and fundamental analysis:

Technical analysis teaches you how to read charts and predict price movements, while fundamental analysis teaches you how to evaluate a project based on its utility, team, partnerships, and future plans. Don't buy a coin just because it's rising; understand it first.

3. Diversify your investment:

Don't put all your money into one coin, even if you're confident in it. Diversification reduces your losses if one of the coins falls.