4) Do not loan funds for investing in crypto
Avoid trading in cryptocurrencies with borrowed funds. It is a popular advice in the crypto industry that you invest only what you are prepared to lose. This means taking loans from sharks or banks is not advisable as you are risking your borrowed capital in a volatile market with no guaranteed returns.
I do consider this to be one of the most important thing not only on trading but on all investment means.Dont ever take a loan just to invest because you cant have an assurance that you would able to repay to that someone who do gave you a loan to the agreed due date.Why? you cant be sure on when you would able to make money yet we know cryptocurrencies are way too volatile.
lots of factors should really be learned up and consider specially on dealing with emotion yet this one do majorly affects you when you are playing with moving prices.