Never lose a single dollar again!
A common pitfall for new crypto traders is buying high and selling low. To avoid this mistake, don’t enter trades hoping prices won’t drop. Instead, use tools like the RSI (Relative Strength Index) to guide your decisions. If the RSI is above 70, the asset might be overvalued; if it’s below 30, it could be a good buying opportunity.
Also, don’t put all your money into one trade. Diversify to manage your risk. Happy trading and good luck!
