When it comes to trading and investing everyone has their own set of rules they obey. I made a list with my rules and that made me curious, what set of rules do you use?
My own rules:
- Never invest in a program that "makes money for you."
- Never buy at a sudden rise in value but wait untill the market is stabilized.
- Never have more than 20% of portfolio in one coin.
- Don't trust anyone!
- Check the sources of news.
- Know the coin! Active team? Goals? Coin supply - market cap? exchanges? ...
I believe people has their own rules depend their knowledge and experience but you have a good rules too. From your rules I only use " don't trust anyone " believe in me and my skill to get better result. I have bad experience when replace my trust into another person or tools ( bot ), make me loss and also stupid. Because of that i decides to do all activity by my self and face the risk, but never forget to always fix my strategy. That's all and see you next time.