#TradingTypes101

• For those who are starting in cryptocurrency trading, the most valuable and fundamental advice is: never invest more than you can afford to lose.

• The Golden Rule of Cryptocurrency Trading

The cryptocurrency market is known for its extreme volatility. Prices can skyrocket or plummet in a matter of minutes, driven by news, macroeconomic events, regulatory decisions, or even simple tweets. This characteristic, which attracts many for the possibility of quick gains, is also the biggest trap for beginners.

The temptation to seek exorbitant profits can lead to risky decisions, such as investing a significant amount of your savings, taking out loans, or even using money that should be allocated for essential expenses (rent, bills, food). However, when the market moves against you, the impact of a loss under these conditions can be devastating, not only financially but also emotionally. Good trading to everyone!