Trade In Crypto Pragmatically, Without Losing Your Money
As we’re well aware that crypto market is highly volatile, hence trading in crypto is risky. Although, the risk associated with crypto trading cannot be eliminated, but it can be managed or mitigated. So, what’s the best option to trade in crypto without losing your money.
So, bear in mind these points for wining trades:
- Step into the market with a business / trader mindset, rather than just a gambler
- Do your research before getting into the trade
- Avoid psychological triggers, cognitive biases, or impulsive decisions
- Don’t get influenced by FOMO & FUDs
- Don’t get influenced by someone’s preaching you out to buy specific coins (especially meme coins aka shit-coins)
- Be patient, stay calm, wait for the opportunity to enter into the trade
- Make informed decisions
- Earn less, earn daily, weekly, or whenever you grab the opportunity
- Control Your Fear & Greed emotions
- Be cautious while trading in futures and manage your risk by lowering your leverage positions
- Do spot trading, spot DCA and auto-invest
By taking into consideration these points, the bearish/bullish trends will always be in your favor.
Cheers!
