If anyone wants to buy Cryptocurrency and wants to do spot tradig as soon as possible as a beginner, so, here are some tips to trade safe without any loss.
1. Buy When Market is going down:
You should buy cryptocurrency only when the price of the cryptocurrencies are going down.
2. Sell when the crypto market is going up:
You should sell when the price of the crypto currency is going up then you will receive profit.
3. Dont be panic when market is going down:
When you are doing spot trading, always keep in mind that if the dump is coming in the market and your crypto currency,s price is going down and you are in loss, So please don't panic and dont sell in loss, Please hold your bought crypto currency and sell when the price is going up.
4. Don't invest in future trading if you are beginner:
Don't invest in future trading without any knowledge and guidance, If you do, then you will be liquidated in future trading and you will lose all of your money.
5. Don't invest in newly launched coins without getting any guidance and knowledge about them:
Many people make the mistake of investing their money into newly launched crypto currency, so please don't do that, before investing your money into newly launched crypto currency please do some research and get soem knowledge about them and then invest in newly launched coins
Bonus tip: I'm mentioning my favourite Crypto currencies below, so you can invest in them if you want to.
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