1. Never chase the high; when the market is in a FOMO frenzy, you must stay calm. When everyone panics, you should look for opportunities. The downturn is the perfect time for you to quietly position yourself and buy at lower prices.
2. Trading cryptocurrencies requires flexibility; don't go all in without thought. You need to learn to adjust based on market changes and not get stuck with a single position. The cryptocurrency market changes rapidly, and you must keep pace.
3. Going all in is digging your own grave. Being fully invested means the risks are so high that you can't breathe, leaving you no room for maneuver. There are plenty of opportunities in the market; being all in means you are giving up all other potential profitable opportunities.
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