Digital trading is not completely risk-free, but there are some measures you can take to reduce the risks:
1. Learn: Understand the market and the currencies you intend to trade. Reading, researching, and understanding the basics can increase your chances of success.
2. Diversification: Do not put all your money in one currency. Spreading capital across several different cryptocurrencies can reduce risk.
3. Create a clear plan: Before you start trading, define a clear strategy and plan for entering and exiting trades.
4. Use stop orders: Use orders such as stop loss orders to limit potential losses.
5. Risk management: Do not invest more than you can tolerate losses. Determine if you are willing to take a loss and set limits.
6. Good training: Before getting into real trading, try trading via demo accounts to understand how the market works and apply your strategies.
7. Stay informed: Markets are constantly changing, so be aware of current news and developments that could impact cryptocurrencies.
Always remember that trading carries risks, and there is no surefire method to trade without losses.