4 TIPS BEFORE TRADING

 

1. Increase Your Knowledge and Information

   It is crucial for you to understand the basic concepts of blockchain, cryptocurrency, and related technologies. Afterward, you also need to look for new breakthroughs, technologies used, and other important aspects of the token/coin you wish to buy. Find this information in the whitepaper on their official website. By combining this information, you can better assess whether the token/coin has a good future prospect or not.

 

2. Don't FOMO and Always DYOR

   Many influencers advise on actions we should take, whether buying or selling an asset. However, it is important to realize that every buy or sell action we take must be accountable by ourselves. Therefore, set your goals and plans, recognize the risks, and understand the psychology in trading.

 

3. Be Disciplined and Cautious

   Trading is inseparable from profits and losses. Set loss and profit limits for each trade you make. Additionally, stay alert to fake news circulating and scam attempts by scammers.

 

4. Secure Your Assets

   Use secure wallets like Binance , enable 2FA, passkeys, and biometric authentication for maximum security. Do not share personal information about your assets and wallet, such as email, phone number, or secret key. #SAFU #DYOR!!