1. The funniest thing about playing with coins is that you need to survive in the market for a long time before talking about profits ;)😂
That's the most essential thing, so play with the smallest capital possible and try to learn as much as you can from your mistakes.
2. You must play with the idle capital and as little as possible.
Why must it be idle capital?
Because that way you can withstand the profits. You can't withstand profits when you need money and have nothing but the coins you are holding.
Why must it be the smallest???
Small capital at the beginning, because 99% of the time you play will lose in the early stages and only 1% will win and then lose everything later ;)
3. You must continuously learn and research from your past mistakes.
You need to study continuously, learn how to read charts, graphs, RSI, and many other data like on-chain, total,...
And find methods to identify your own indicators for rise and fall.
4. Look at charts less :))
Newcomers often look at charts continuously every 1m, 5m, 15m,... and are very panicked when the price fluctuates by 1-2%... 🥰
That's not necessary.
Except for experienced future traders, you only need to look at the weekly, daily, and monthly charts. A few times a day to check is enough.
5. You must train a steel spirit and a bit of impermanence :))🙃
- Steel here means to be tough, to hold firmly, to have a strict stop loss,...
- Impermanence here means don't go all-in with your house, car, so that if you make mistakes, you can fix them, learn to rise from your failures. Feel as light as possible and still be able to smile when you are down 30%, divided by 2, divided by 5.
6. Treat your loved ones, wife, children, and family well.
