Top 20 Practical Tips you must know for a Successful Crypto Start (Beginner to Advanced)
1.Must Learn blockchain basics, wallets, and exchanges.
2.Start small (1-5% of savings) to minimize risk.
3.Avoid leverage until mastered (forbidden if Muslim)
4.Avoid FOMO; don’t chase pumps.
5.Always Set auto stop-loss in trades.
6.Record & Review trades monthly** via journal
7.Risk ≤2% per trade
8.Aim for 1:3 risk/reward ratio
9.Research projects with strong fundamentals (team, roadmap).
10.Check CoinMarketCap/CoinGecko for liquidity, market cap.
11.Track whale activity via Glassnode/CryptoQuant.
12.Diversify: 50% BTC/ETH, 30% mid-risk, 20% altcoins.
13.Analyze charts (support/resistance, RSI, volume).
14.Use hardware wallets** (e.g., Ledger) for long-term storage.
15.Monitor DeFi metrics (TVL, yields).
16.Hedge with put options.
17.Use on-chain analysis (network activity, wallets).
18.Use trailing stop-loss in strong trends.
19.Trade volatility with limit orders (not market orders).
20.Apply Dollar-Cost Averaging (DCA).
