📖 Trading crypto involves volatility. Here are tips:
✅ Educate Yourself: Learn blockchain basics and specific cryptocurrencies.
✅ Have a Strategy: Are you short-term or long-term? Stick to it.
✅ Start Small: Begin with an amount you're okay losing.
✅ Diversify: Mix established coins and potential high-reward coins.
✅ Use Technical Analysis: Chart patterns can predict price moves.
✅ Stay Updated: News influences prices. Follow reputable sources.
✅ Secure Investments: Use hardware wallets; enable two-factor authentication.
✅ Avoid FOMO: Don't buy impulsively due to hype.
✅ Set Stop-Losses: Limit potential losses.
✅ Avoid Emotion: Fear and greed can cloud judgment.
✅ Review & Adjust: Update portfolio based on market changes.
✅ Risk Management: Only invest what you can lose.