The Iron Rules of Cryptocurrency Trading

First, never rush into complex, unpredictable currencies. Picking on the weak is the way to go, and the same applies to cryptocurrency trading.

Second, don't invest all your money in a single currency at once, even if you're extremely bullish on it and later prove right. Things change rapidly, and no one knows what will happen tomorrow.

Third, if you mistakenly buy a currency on a downward trajectory, sell it immediately to avoid further losses.

Fourth, if the currency you bought hasn't lost money yet but has entered a downward trend, exit immediately and wait and see.

Five, it's recommended to pay less attention to currencies that aren't on an upward trajectory. Regardless of future performance, don't join the major players in building a position. Retail investors don't have the time to waste their time.

Sixth, don't indulge in short-term trading, entering and exiting the market daily, driven by the illusion of profit. Frequent trading may bring you pleasure, but it can also lead to significant losses. $C