- Don't try to make it in one trade.
- Don't hold on to your losses and hope you make it back.
- Don't listen blindly to advice from others. If you can't think for yourself you shouldn't be here.
- Don't download anything from anyone online. If you need to make sure it's 100% legit.
- Don't buy at resistance unless there is high demand.
- Don't take every trade that is decent. Look for great trades.
- Don't trade if you went through a big loss. Too many emotions that can affect your decision making. Take a break.
- Don't feel that you need to trade because of FOMO. High frequency trading is the killer of edge.
- Don't look to recoup losses by taking more risk. What's lost is lost.
- Don't forget to revoke approvals regularly. One exploit can ruin your port.
- Don't compare gains to others. You are only competing with yourself.
- Don't flaunt your wealth after making it. The market humbles the overconfident.
- Don't double dip on underperformers. What underperforms in good times might perform worse in bad times.
- Don't bag hold and justify it through tech. Price action is more honest than fundamentals.
- Don't obsess over price action. The more you look the more you doubt yourself.
- Don't look to make it solely through trading. Trading your way through riches without any income is playing the game on hard mode.
- Don't take a position without having an invalidation. Crypto isn't all or nothing. Risk management is crucial.
- Don't follow the same strategy when conditions change. What works in the bull probably won't in the bear.
- Don't lock your tokens without a plan. In most cases, I was better off holding the asset.
- Don't be stubborn. The market is the boss. If you go against it you will probably lose.
- Don't neglect your health and connections. Money can be printed but time is finite.
- Not following AltCoin Beast (probably the biggest mistake lol)
I hope this helps.
