1) Have good knowledge about Trading: In order to avoid losses in trading,
Note: Learn To Earn.
This is the basic thing when we are going to trade or even invest in the crypto industry or even other businesses. Without good knowledge, we may do trading only based on hype, following other people, and also like gambling because of luck only.
Learning not only about trading knowledge but also crypto in general, some ways to analyze the market both technical analysis and also fundamental analysis. And this may be not easy that is why it needs a continuous learning process.
2) Trade With Well Known Trading Platforms Only: To avoid losses as a trader, ensure you trade with the recognized trading platforms, e.g, Bitfinex, Binance, Huobi, Coinbase, Bittrex, kucoin
Exactly, many newbies are trapped on the small exchanges until they lose their funds, their assets, and also probably their trust in the crypto industry. Moreover, if the exchange is a small and non-reputable exchange, this will be very risky,