things such as "patience" and "never sell in loss" are the things that have always led to big losses by newbies. because they have no idea what to do in any market let alone this chaotic place.
things such as "stop loss" are created so that you don't fool yourself with those two that i mentioned above.
Topic: Crypto Best Rules - page 2. (Read 239 times)
Naaah, this simple rules only for newbies, I also can add some tips here for newcomers : 1)do not hold all of your money at one wallet or exchange , 2) invest only those money wich you dont affraid to lose because investment it's always risky.
Yes most of them are for beginner but it's for all that didn't know that strategy and also you have a point do not hold your all funds at one wallet or exchange because it's too risk that it may lose your assets. I add some like
1. Dont put your all eggs in one basket
2. Remember that crypto price are too volatile.
Naaah, this simple rules only for newbies, I also can add some tips here for newcomers : 1)do not hold all of your money at one wallet or exchange , 2) invest only those money wich you dont affraid to lose because investment it's always risky.
Nice rules. I think for beginners the best rule is no panic. In the long run, any coins will cost more than now.
Thank for providing this rules, this are helpful for new in this market
It is unfortunate that many ignore these simple rules. I myself at the beginning of the journey, did not always do the right thing, and lost money. Now I try to approach trading on the stock exchange not as a game but as a work.
Keywords, patience is the key to success, trying to stay calm and do not think badly and act recklessly, do not be greedy, believe in the choice of heart, do not give up, be consistent, keep looking for information, learn from mistakes, and do not get worse.
Its easy to say but becoming difficult to do 
thanks for the advice.
Well that's true but practicing it will make you better. I think of anything to add with the hashtags mentioned above. thanks for the advice.
But I guess this will also fit.
always do your own research.
#Continuous research and learning is a must. #Learn to make your own analysis.
Its easy to say but becoming difficult to do thanks for the advice.
thanks for the advice.
All the advice is good, reasonable and looks simple. However, it is extremely difficult to follow them.
Nice basic rules, i think the best rule i have personally learnt is to never invest all the money in one coin, diversification is a great risk management that can help you loose money, even 1-2 projects in your portfolio is failed you still have others performing well, so diversifying in crypto is very important.
That also applies to finance and stocks in general i think - never put all your eggs in one basket.
Nice basic rules, i think the best rule i have personally learnt is to never invest all the money in one coin, diversification is a great risk management that can help you loose money, even 1-2 projects in your portfolio is failed you still have others performing well, so diversifying in crypto is very important.
I consider that much better investing instead of trading. We know a lot of successful investors as professionals as well as amateurs but we do not know so much successful traders usually they lose thier capital and become an analysts or teacher.
I would also add a crucial rule about risk I mean that risk is underlaying on each deal.
I would also add a crucial rule about risk I mean that risk is underlaying on each deal.
I think the golden rule or the rule of thumb when it comes to investing is :
"Don't invest any amount you're not willing to lose."
"Don't invest any amount you're not willing to lose."
#Don't listen to the FUD that cause panic selling.
#Never listen to someone that is shilling the coin you first time heard of it.
If there is then bitcoin is their only coin and I think that's enough to fall in love with one coin.
#Never listen to someone that is shilling the coin you first time heard of it.
#Don't fall in love with one coin.
#Never invest all amount in one coin.
You can't prove that it's not bad to invest with one coin if you'll never do it. Want to hear someone who invested with one coin only.#Never invest all amount in one coin.
If there is then bitcoin is their only coin and I think that's enough to fall in love with one coin.
# Invest only the amount you are ready to lose
# Don't keep all your coins on exchange
# Always follow the latest crypto market news
# Don't keep all your coins on exchange
# Always follow the latest crypto market news
Good advices, especially for those how use to panic with every dump. I would also like to add:
- Don't forget to take your profits and cash out some part of them.
- Sell when price is rising.
- Don't try to trade is your haven't studied the coin well.
- Don't trust anyone's opinion, always do your own research.
- And always remember about security, scams are everywhere!
- Don't forget to take your profits and cash out some part of them.
- Sell when price is rising.
- Don't try to trade is your haven't studied the coin well.
- Don't trust anyone's opinion, always do your own research.
- And always remember about security, scams are everywhere!
Crypto Best Rules
#Patience is the key to success👌
#Never be panic ,never sell in loss if coin be already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Never invest all amount in one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.🚫
#Trade at your own risk.⚠️
Best of luck.
#Patience is the key to success👌
#Never be panic ,never sell in loss if coin be already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Never invest all amount in one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.🚫
#Trade at your own risk.⚠️
Best of luck.
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