🔸 1. Don’t invest what you can’t afford to lose:
In the cryptocurrency market, profits are possible, but risks are always present. Set a specific budget and be realistic.
🔸 2. Learn technical and fundamental analysis:
Understanding charts and analyzing news can give you a huge advantage. Start by learning the basics of Japanese candlesticks and indicators like RSI and MACD.
🔸 3. Diversification is key:
Don’t put all your money in one currency. Spread your investments to reduce risk.
🔸 4. Set clear goals:
Do you want to make quick profits or build a long-term investment? Defining your strategy helps you make better decisions.
🔸 5. Don’t let emotions control you:
Fear and greed can lead to bad decisions. Stick to your plan and avoid trading based on emotion.
🔸 6. Stay informed:
The cryptocurrency market is changing rapidly. Follow the news and updates to always be ahead.$
