Quote from: roksana.hee on February 28, 2023, 05:08:27 PM

1. Do your research: Before investing in any cryptocurrency, it's important to understand its technology, use case, and potential risks. Read whitepapers, follow news and social media feeds, and understand market trends.

Learning first, trading later.

Awesome crypto trading
Stop loss order. One of the Best Weapons in Trading
Another weapon in trading. Stop limit order

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2. Diversify your portfolio: Don't put all your eggs in one basket. Consider investing in different cryptocurrencies and other asset classes to spread out your risk.

Diversifying means don't use all your capital for trading. Only use a minority of your capital for trading and for trading capital, don't use all of it for trading in one coin and don't over leverage.

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4. Have a strategy: Develop a trading strategy that aligns with your investment goals and risk tolerance. Consider factors such as entry and exit points, stop-loss orders, and profit targets.

Whatever indicators and strategies you use, don't forget to exit your position to protect your initial capital.

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5. Use reputable exchanges: Be sure to use reputable exchanges that have a proven track record of security and reliability. Do your due diligence on exchanges and read reviews from other traders.

Reminder: do not keep your money in online accounts
Don't store all capital on any centralized exchange because you are trading there.