Thanks for sharing something which has been asked and discussed million times already.
5. Dont go for one coin, but invest in multiple currencies. That way youll spread the risk. In our CryptoMaker Premium channel we post 3-6 actual signals daily just pick any several coins you prefer and invest. Happy trading!
It is wise to spread funds but it doesn't necessary mean that you will lower your risk. Sometimes investing in only one coin is less risky then investing in 10. I am not sure what investment has to do with trading, they are two different things, at least I see investment as something for long term and trading for short.
Youre right. It doesnt stop the risk you take, but just limit the chances of the risks. But the tips are quite helpful and I believe if anyone follows them it will improve their chances in trading for good. And I like that number 3 tip, what was mentioned there is exactly what some people do.
They just dont trade with money they need for living expenses, they also borrow money and invest into trade, which to me is total madness, cause you dont know what will happen to the money if you invest it in trading, you may even end up losing the borrowed money and putting yourself in big problem. It will be much better to invest a borrowed money into a reliable project that will make it grow and not trade with it.