1. Know the Basics
If you don’t know what you’re doing, you will lose. Learn how crypto works. Understand blockchain. Learn about security and wallets. Too many people skip this and go straight to trading. That’s a mistake.
2. Don’t Chase Hype
Trends come and go. Don’t follow every one. Research first. Ask if the project solves a problem. Is the team solid? Does it have a future? If you follow hype without thinking, you’re not investing, you’re gambling.
3. Manage Your Risk
Crypto is risky. You can make money, but you can lose it all too. Never put all your money in one place. Spread it out. Only invest what you’re okay with losing. Betting everything is reckless.
4. Stay Focused
Don’t trade all the time. Pick a few good projects and stick with them. Trading too much leads to mistakes. Be patient. Let your investments grow. Don’t get distracted by every small movement.
5. Take Profits When You Can
When you make money, take some out. Don’t wait for the perfect moment. Markets move fast, and gains can disappear. Don’t get greedy. Have a plan for when to sell, and follow it.
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MR Mashuô YT 💫