5 Rules I Wish I Knew When I Started Trading Crypto
If you're new to crypto, let me hit you with a harsh truth:
Most beginners lose their first account.
Not because they're dumb — but because no one teaches them the rules that actually matter.
I’ve been there. I made the mistakes. Blew up accounts. Learned the hard way.
Here are the 5 rules I wish someone had handed me on day one:
⚠️ Rule 1: Cut Losses Early
Holding on to losing trades hoping they’ll bounce back? That’s how you blow up fast.
Set your stop-loss. Stick to it. No exceptions.
Hope is not a strategy — discipline is.
📊 Rule 2: Trade Small Until You're Consistent
Don’t go all-in on your "sure thing."
Start with small positions. Focus on learning. Build confidence.
Only size up after you’ve proven you can be consistent.
🧠 Rule 3: Track Every Trade
Most people don’t journal their trades. That’s why they keep repeating mistakes.
Log everything — your entry, exit, reason for the trade, and how you felt.
Your journal becomes both your mirror and your map forward.
💸 Rule 4: Focus on Risk, Not Rewards
Everyone’s obsessed with the profit side. But smart traders flip it:
How much can I afford to lose on this trade?
Let that guide your decision-making — not dreams of moonshots.
⏳ Rule 5: Don’t Trade Every Day
There’s no prize for being active every day.
Some days, the best move is to do nothing. No setup? No trade.
Boredom is not a signal — patience is.
Stick to these 5 rules and you’ll avoid 90% of the pain that destroys beginners.
Crypto doesn’t forgive recklessness — but it does reward discipline