Understand the market: The crypto space is complex and complicated. You need to invest time to read about the sector before investing. Many people have lost so much money because they lack knowledge of how the sector works.

Don't be greedy: There are so many get-rich-quick platforms that are in the crypto market. Some of them promise high returns to attract investors. You need to be able to identify these schemes and avoid them. Also, don't be too greedy in taking your profit. Your profit target should not be too high.

Always study terms of service: Before you engage in any coin or investment schemes, ensure you study the Tos before investing. This document is what guides your relationship with the firm or organization.

Invest only what you can afford to lose: The crypto industry is volatile which makes it unpredictable. You can make gains in a few minutes and you can also lose all in no time especially if you are dealing with altcoins. Put in only what even if you lose it will not have dare consequences on your finance and health.