✅ 1. Don’t invest everything you have: invest only what you are willing to lose. Never go all in, especially with borrowed or critically important funds.
✅ 2. Set stop-losses — an automatic exit point from a trade if the price goes the wrong way. This is trader discipline #1.
✅ 3. Don’t buy on emotions
FOMO (fear of missing out) and FUD (fear, uncertainty, and doubt) are the main enemies. Learn to wait, analyze, and enter coins not at the peaks.
✅ 4. Do DYOR (Do Your Own Research) — analyze the coin: team, trading volume, idea, blockchain, tokenomics. Don’t enter just because 'someone said in the chat.'
✅ 5. Don’t keep everything on the exchange
Exchanges can be hacked or blocked. Keep your main assets in a cold wallet (for example, Ledger) or at least in a personal wallet (Trust, Metamask).
✅ 6. Avoid scams (scam & phishing)
Check the URL, don’t click on suspicious links, don’t connect wallets to unknown websites. Hundreds of people have lost tokens due to fake sites.
✅ 7. Don’t store passwords in the cloud
Keep your seed phrase offline, in two places. Not in Google Docs, not in Telegram, not in your email inbox.
✅ 8. Diversify
Don’t put everything in one coin. Better to have several assets (BTC, ETH, stablecoins, altcoins) to avoid significant drops in case of a specific project’s decline.
✅ 9. Take profits
Don’t wait for 'just a little more increase.' Partial profit-taking is a victory. Exit in stages (for example, 30–50–20%).
✅ 10. Keep learning constantly. A knowledgeable trader is a living trader. Take courses, read charts (RSI, EMA, levels), study market psychology.
🔐 CONCLUSION:
Listen to yourself. If you feel something is 'off' — it’s better to wait. The market won’t go anywhere, but your deposit might.