#TradingTips" READ and follow to earn more and more
Top 5 #TradingTips Every New Crypto Trader Should Know
Crypto trading can be exciting, but without the right mindset and strategy, it can also be risky. Here are 5 simple yet powerful tips that every trader—especially beginners—should follow:
1. Don’t Trade Without a Plan
Before entering a trade, know your entry point, exit target, and stop-loss. Emotional decisions lead to losses.
2. Manage Risk Properly
Never risk more than 1–2% of your capital on a single trade. Protecting your money is more important than chasing gains.
3. Watch the Volume
Volume confirms price movement. High volume during a breakout means stronger momentum.
4. Avoid FOMO
If a coin has already pumped 100%, it’s usually too late to chase. Wait for retracements or solid setups.
5. Keep Learning
Markets evolve. Learn technical analysis, follow credible traders, and reflect on your wins and losses.
Remember, consistent small gains are better than trying to hit the jackpot. Discipline beats luck in the long run.