Guidance for new crypto traders — avoid losses, earn profits
If you are stepping into the world of crypto trading right now, the most important thing is not to rush. The crypto market can be very attractive, but it can also be just as dangerous if you invest without learning.
First, understand the market. Learn about the technology, purpose, and use of different coins. Don't invest just by looking at popular names or social media hype. Research coins using websites like CoinMarketCap or CoinGecko.
Always start investing with a small amount. Initially, only invest money that you can afford to lose. Avoid going 'all-in'.
Start learning trading with Demo Trading or Paper Trading. You can practice with a Virtual Balance on exchanges like KuCoin or Bybit.
Important: Always set Take Profit (TP) and Stop Loss (SL). These help protect you from major losses and assist in taking profits.
Avoid greed and control your emotions. There is always an opportunity in the market, so don't make a wrong decision out of FOMO (Fear of Missing Out).
In the end: Knowledge is the key to success. Keep learning trading from YouTube, Urdu PDFs, and reliable sources.
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