1. What is my Risk Tolerance?
- Only invest what you can afford to lose.
2. Do I Understand the Asset?
- Research the cryptocurrency's fundamentals and purpose.
3. Have I Conducted Adequate Research?
- Thoroughly investigate the project, team, and market sentiment.
4. What is My Trading Strategy?
- Define your goals, entry/exit points, and risk management.
5. Am I Using a Secure Exchange?
- Choose a reputable and secure platform for trading.
Bonus: Am I Prepared for Market Volatility?
- Be ready for price fluctuations and avoid emotional decisions.
