Risk management is the backbone of any successful trader in the crypto world.
Before you think about profit, think about how to protect your capital. Don't enter a trade with more than 5%-10% of your portfolio, and don't chase losses randomly.
Use stop-loss orders, and stick to your plan even if the market tempts you in the opposite direction.
Volatility is part of the game, but continuing in it requires self-discipline and a strict plan.
Never enter the market without an exit scenario.
Protect your money as if it were your last opportunity, because sometimes… it really is.
#CryptoRiskManagement