I agree with you totally. Trader need to be well-prepared before doing anything in that market.
Exactly.Don't just do trading because your friends are already into it.Study first all the needed information because trading with improper knowledge or even lack of knowledge will not help you at all.It can only make you lose your capital.And be cautious in every decisions you take because crypto investment is a very risky thing.
We perform many mistakes while trading or investing irrespective of whatever source it is but almost all the basic knowledge and procedure of trade is same for all crypto coins. The one major thing we should keep in mind is to do something which we can afford, bear and lose tomorrow that will not affect other life activities which is called proper management.