Things to know before starting trading 🔝🔝🔥

Of course, here's the list with an explanation of each item:

1. Basic concepts: This element includes understanding the basic concepts of cryptocurrency trading such as the concept of blockchain (block chain) and how it works, what digital wallets are and how to use them.

2. Security: Refers to the importance of keeping cryptocurrencies secure, such as using strong passwords and activating two-factor authentication for your digital wallets.

3. Research and analysis: This element includes the importance of research and analysis to understand the cryptocurrency market and identify appropriate investment opportunities.

4. Diversification: Refers to the importance of distributing your investments across several different cryptocurrencies to reduce financial risks.

5. Risk management: This element is about determining the amount of financial risk you can take and using stop-loss orders to protect your capital.

6. Periodic follow-up: This includes the need to regularly monitor the performance of your investments and make the necessary adjustments to your trading strategy.

7. Compliance with Laws: Related to compliance with local and international legislation and controls related to cryptocurrency trading.

8. Continuous learning: It refers to the importance of staying aware of the latest developments in the world of cryptocurrencies and developing your skills and knowledge periodically.

#cryptoman