successful trading is about managing risk minimising it as possible as we can , i have read that with correct risk management even with flipping a coin we can do trading and be profitable
i want to know what methods/rules are there to minimise risks
You can minimise risk if you buy only the popular coins that you can trade everyday so that you get profit. Coins that popular are profitable don't buy coins that you know that you can lose your money there l. Be smart and choose wisely before you gonna buy coins that you want to trade.
But in the bear market, it still difficult to minimize the risk even if we only buy popular coins because popular coins cannot always give the profit. You can see it's happening with bitcoin, and this month, bitcoin is not showing good progress to increase higher, but it is down deeper and back to $8k. To minimize the risk will need more attention because it is not about how much money you will use to buy the coin, but it is also related to what coins you pick in the market to trade and not just about choose the popular coins.