5. Know when to take your profits.
Set yourself a point at which you are happy to take the profits of your spoils. Don’t, like so many others out there, expect your investment to 100x overnight. Set your own standards as to when you will sell, because crypto is a volatile game and large swings can happen almost instantaneously. Better to get out at 50% of profit rather than wait for 100% and instead see your investment plummet before you took out your money. One of the best ways to do this is by selling 50% when any coin doubles. This way you will have your principal amount safe.
Holding is basic of being profitable in the crypto world. Patience is the obligated characteristic if you want to be rich in this field. I have seen many investors holding their coin for many months to finally earn a big interest from 10x to 100x
You can not be rich after a night. Only hard work, and lots of efforts create millionaires