#TradingTypes101
✅ Healthy and Safe Crypto Trading Tips.
⚠️ 1. Understand Crypto Risks.
Crypto is very volatile and can change in a matter of minutes.
- Be ready to lose, don’t just hope for profit.
- Avoid trading during FUD (Fear, Uncertainty, Doubt) or "FOMO".
📚 2. Learn Before Entering.
- Study technical (charts, indicators) and fundamental (projects, tokenomics).
- Follow updates from official project media, not just influencers.
📊 3. Use Risk Management.
- For example: only risk 1–3% of total capital per trade.
- Use stop loss and take profit.
- Don’t put all capital into one coin.
🔒 4. Choose Safe Exchanges and Wallets.
- Use "trusted exchanges" (e.g., Binance, Tokocrypto).
- For the long term, store in a personal wallet (non-custodial) like Trust Wallet or Ledger.
🧘♀️ 5. Don’t Trade Every Day.
- No need to trade continuously.
- Focus on valid signals, not out of boredom or fear of missing out.
📅 6. Record All Transactions.
- Keep data on entry, exit, profit, loss.
- Conduct weekly/monthly evaluations to know what needs improvement.
🚫 7. Don’t Participate in Pump & Dump.
- Many groups invite you to "buy small coins together to pump and then sell".
- This usually ends with many people losing. Avoid it!
🔍 8. Be Cautious with New Tokens.
- Many new tokens are "unclear" and can rug pull (run away with the money).
- Always check: whitepaper, team, audit, liquidity, and community.
Happy Trading!