Here are some crypto trading tips that help you in trading
Do Your Own Research (DYOR)
Always research a cryptocurrency before buying. Look into the project’s whitepaper, team, community, and roadmap.
Start Small
Especially if you're new to crypto, start with a small investment to gain experience without risking too much.
Understand Volatility
Cryptocurrencies are highly volatile, with prices swinging by large percentages. Don't panic during downturns or get overly excited during price surges.
Set Clear Goals
Define your investment goals upfront—whether you’re in it for short-term profits or holding long-term. Your strategy will depend on this.
Risk Management
Only invest what you can afford to lose. The crypto market can be unpredictable, so never risk more than you're comfortable losing.
Learn Technical Analysis (TA)
Understand price charts and trends. Learn to use technical indicators like RSI, MACD, and moving averages to make better trading decisions.