There is a very foolish way to trade cryptocurrencies, but this method can almost eat away all the profits, so learn slowly. First of all, when trading cryptocurrencies, we should never do three things.
The first thing is to never buy in when the price is rising; be greedy when others are fearful and fearful when others are greedy. Make it a habit to buy when the price is falling.
The second is to never place large orders.
The third is to never go all in; going all in makes you very passive, and the market is never short of opportunities. The opportunity cost of going all in is very high.
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