Topic: Crypto trading tips based on years of experience --- by Raja (Read 18365 times)

Can it be called a scam? Because its purpose is to rob money from newbies or newcomers, The trading signals that they provide only benefit themselves.

For example, [Bob] is a signal provider.
Bob said that this coin will give a very good profit today, then its followers will start buying it. And when many people buy it, the price of that coin will be pumped.

In this way, Bob has two benefits;  #1 Bob's words will be proved true. Second, He (Bob) also sold his coins at a good price.
Correct me if I'm wrong

BUMP after a month.

Today is my BD, can you give me a free real pro tip as gift? hahaha come on spit it out. time to buy or hodl?

BUMP, after about 5 months.

BUMP, after more than one and a half months!

BUMP, after three months!

Great tips and statements for both beginners and experienced traders, but no one can predict the price movement of cryptocurrencies, each can show an increase of several dozen times, so the greater the variety of digital assets in your portfolio, the better

Guys, I'm not going to accept any spammy comments in this thread. I've repeatedly warned you all and now I'm going to report a few posts. Please be careful from now on, otherwise, you'll get reported.

P.S. A couple of new tips coming up soon in OP!

I love number 3 and the disclaimer. I use twitter too to be updated and I follow some known twitter personalities who gave out tips and technical analysis about Bitcoin and other alts but at the end of the day, the decision will come from us who will push the Buy or Sell button and not that twitter user who posted Buy or Sell. If we loss anything because of his post, we can't ask him for any compensation for the loss.

We should learn to diversify our portfolio and not totally in love with only one coin because it won't help us to make profits.Once it fails,you have  no other coins to count in so never focus on a single coin only.Make sure that you give a high percentage for bitcoin when investing because this will probably give you big profits once its price reaches its peak.

Just added another point; now the OP consists of a total of 30 tips.

One must-know tip if you're trading alts priced at 2-digit or 1-digit values:

Search for other pairs against your coin that provide you more "precisement" in the value. This could potentially provide you up to 1% more money (in the case of 2-digit values) and up to 10% more money (in the case of 1-digit values).

For example:

Buying DENT right now through the DENT/BTC pair at Binance will cost you $0.001740 right now. However, buying the same DENT coin through the DENT/ETH pair at Binance will cost you $0.001674, which is about 3% more:

DENT/BTC pair:



DENT/ETH pair:



I'll summarize this tip and add it to OP soon.

Most people would have even used the last experience and a lesson to them, and for the newbies, they would have also learnt from the mistakes shared on this forum that FOMO is really not a good thing to follow. Many people that invested in some coins out of FOMO during the last bull run are still yet to get over their losses because some panic sold when the price was crashing, while those who are yet to sell are still eagerly waiting with tension on when bitcoin will rise back.

So, we should learn not to always follow the hype, we need to be patient and strategically plan our trade using of Technical and Fundamental Analysis strongly to make an entry point in trade.

Agree FOMO is not a good thing for traders, you have to analyze what choices you have to make. You can't follow the trend or what's happening, FOMO is like gambling, because maybe prices will fall after you follow panic buying when prices go up? You can't depend on luck in trading dude.
Rest assured that the opportunity will come if you are smart in research and analyzing by yourself.

Those trading tips are very important for newbies who wanted to embark on  cryptos trading that is why it is always emphasized to research and learn all the rudiments of trading before investing any money.
Those tips are very valuable and will guide a trader towards successfully making profits consistently by following those tips which of course is different from other forms of trading.

Now, I understand your point. It's true, before I was very in love with one coin, after reading the article and listening to your explanation, I understood that.

Guys! I'm not going to accept the comments like "Nice tips, keep it up!" in the thread from now on, as I feel it's all spamming only. In case someone still posts such comments, I'll report to the mods.


Lemme make it a bit simpler for you. Point 5 tells you to NOT go all-in on one coin only, while point 9 suggests you to have patience with your investment.

In my opinion, points 5 and 9 collided. Maybe TS can be explain? Because, at this time I fall in love with someone coin.

Very useful tips for a novice trader, I agree with almost all points, bitcoin still dominates over all other crypto-currencies and will always have much more users!

Experience has thought me not to believe in anyone analysis because there don't work for me and I believe most experience traders know most of your address already except for some people who are just new to the crypto currency trading that will take all these advise serious and act on them at their own peril.

Experienced in trading for every traders are just a secondary things for us to learn here, but the main bottom reason for the traders in this field of business is to earn Bitcoin, and for us to have it we can buy directly Bitcoin in any of the platform exchange. And aside from that, We can buy altcoins for us to get bitcoin profit.

It is true we are trading crypto to gain more BTC not Fiat and most of the paid services are just a scam or a group that pumps up from their follower.
Never trust those group because it is just like entering a pyramid scheme in trading.
This is a really nice tip for the newbies in trading but of course if you have been around for a long time you might have experience this before.

Now, I also understand that trading is not only making money and getting profits as I thought before. Unfortunately, great and small losses happen all the time, especially when bears rule the market.

I can tell from my experience that I have also made many of these mistakes. I traded altcoins to Fiat and bought coins after they rose in price. And accordingly it led me to losses. But I try to constantly do work on mistakes and constantly learn something new.

Emotion would really be a great factor that would really affect such comeback mindset.Most of people will normally have that kind of reaction where they

do usually give up when they do almost lost out their entire capital with these kind of investment.Even myself would definitely do the same thing yet it is hard to
control your patience along the way when we already talking about money.

One of the important thing is you need to make every chances to be successful because the chances given by cryptocurrency was very very low if you use that you will be a successful person so using the opportunity always important for a trader to make his journey more better.

Thanks for your advice. They are very interesting and worth following some of them, always taking into consideration that the trader is always an eternal apprentice, and even the best available strategies should always be adapted to the personality and style of each individual trader, but undoubtedly your experience is very useful for those of us who are hardly in the process of learning in this difficult profession.

Yes, comback is real! But with just 10% left from your capital, it seems that most of the people might turn their back and give up. I have a friend who have lost around 80% to his invested capital, that incident made him so drained. He sold everything thats left. It took months for him before he decided to come back and start from the bottom.
Its really hard to make a comeback after a huge loss, most specially when youre trying to persistently recover what you have lost from your portfolio. It needs a lot of patience.

Alts are getting full-time rekt these days, and if you're trading, the following analysis could help you:

Point added:

Bitcoin is undervalued. I'm sure you agree with that, don't you? If you think that bitcoin is overvalued at this point (~$3300), then you should just leave crypto (literally). Let's have an example:

-You make 0.001 BTC profit in a trade. BTC is trading at ~$3300 currently but you decide to keep that profit in USD.
-As a result, you get $3.3 in your wallet.
-Bitcoin, after a few months, gets to ~$6600.
-You realize that you could've made another 2x from the trade if you had hodl'ed your profits in BTC.

I'd recommend you to go through the fundamentals of bitcoin (again), and stack as much bitcoin as you can while it's cheap.

DON'T CARELESSLY SPEND YOUR PRECIOUS LIMITED BITCOIN ON UNLIMITED WORTHLESS FIAT!

excellent advice that is suitable even for experienced traders. Personally, I adhere to about 50% of the above rules, and nevertheless I go to the plus. I wonder what will happen if I stick to all 100%

tips that are very helpful for me a beginner in trading where often make the wrong decisions in buying or selling coins, emotions and are less able to read market trends is a gap towards losses in trading

I agree on you.We should focus on how to make huge profits in bitcoin rather than increasing your fiat.So atleast we will not fall in love with one coin only because if that single coin falls its price,then we will no longer make profits anymore.I suggest to research more on other potential coins so we will not lose in choosing the wrong ones.

Added a new trading tip after quite a while:

Yes.We are trading cryptos to increase our bitcoins and not to make fiat more.After all,bitcoin has still more value than fiat currencies so as much as possible,we should focus on increasing our portfolio by not focusing only on a single coin.We should learn to diversify our investments so we will make huge profits in the near future.

Added the following point:


I'm amazed that I didn't talk about "diversification" in all these months; a very important point indeed.

Yeah, understanding the situation of the market will always help you to make better decisions and to always cross check the condition of each market to be able to take advantage of the fluctuations.

The OP has really shared some pretty good tips and for someone like me, I am always looking to increase my BTC stash anyway and anywhere I see an opportunity in alts, I always take it immediately without even a second thought.

It has really helped over the years to increase my position, but one thing is a lot of people are willing to want to trade, but they are not willing to learn, and somehow, this would always pose a great challenge.

Okay, maybe you are then missing on the future. Well, I would not judge you on your goals, and for what it is worth, I hope you have been able to find what you were looking for in fiat over the years. In as much as I hedge in fiat sometimes, the main idea for me is to increase my bitcoin stash and I see USDT as just any other altcoin in which I am taking advantage of the fluctuations and utilizing it for my own benefit.

Yeah, the idea of diversifying is always going to be there in the long run, when you talk about stocks and real estate and I would not actually advise anyone to not consider that at some point, but for fiat, I really do not know what to say about that.

This is pretty simple and good article I read. Yes lots of positive approaches about the crypto trading. I guess its pretty much straight that when you enter the crypto market then you will be facing lot of unpredictable stuff around here. You will never know the exact position of the crypto currency market at all, neither you will be able to rely on the signals around the crypto space. So the only option that we are left with is to follow the steps carefully which are mentioned in the OP here. Of course I am more closer to one point, that explains about the FOMO stuff. I have seen my friends going fomo investment all the time and making huge mistakes by such deeds. They never earned good profits when they invested in such fragile stage of the crypto currency.

If that's your aim, then I'm sorry, you don't truly understand the strength of bitcoin. Bitcoin is slowly but surely becoming the global reserve currency. Fiat is an illusion, you don't know how much of it is your government printing it up.

You might make some fiat trading bitcoin, but in the end, you'll only regret selling each and every satoshi. Try to save bitcoin, not fiat, mate!

BTC has high fluctuacion as well. So my goal is not to increasing amount of BTC but to increase balance of fiat/USDT. If we have goal BTC , we will loss value in fiat when BTC down trend. Goal to trade crypto is to increase the amount of fiat , just the same like stocks and forex trading, and by increasing the fiat and then we can use it to buy other asset that does not have high fluctuacion like real estate or properties.

The main thing is to understand the market situation and set the mind to buy the coins in more deep price you can say the full depth and lowest price of such coins that is only happen when you have maximum pending walls in different minimum prices, that will helps you more and more to get the coins in very best price and after stable of the market situation or if market go to the moon then you have a very good profit in the account.

Another tip regarding circulating/total supply of the coin has been added.

I'm glad to hear that!

Great! This is what type of TIPS I am looking for. All tips that are written here are  all significant , must remember and shall be carried at all times. Since i am just a beginner and not that well experienced as you, you have a great journey in crypto that it summarizes all your experiences into these tips. You were right, invest 40% in bitcoin because the market gives a crazy moves. I remembered that i lost a hugr amouny bec. Of insuffecient knowledge back then about the market movements.

Yes.Bitcoin should always have a special place in our portfolio because even it if drops its price,it will not be an issue because it will surely grow in time.So invest more in bitcoin rather than in shit altcoins if you want to gain huge profits in the future.The long wait for bitcoin is always worth it the profits you'll gain.

Nice to see you went through the tips.

IMO, having some bitcoin along with altcoins is a must. Look at the CoinMarketCap; bitcoin dominance has increased by 5% in the last few days and alts have taken a lot of damage in the mean time. Remaining all the time 100% in alts is not a good idea.

In crypto-currencies, bitcoin works like a "reserve" currency. Bitcoin's "reserve" status means it definitely deserves a nice place in your portfolio.

Thnx, good tips. I do a couple of things in a different way thou. I do not have 40%+ of BTC sometimes (sitting in alts mostly). About twitter. It can be really helpful in a lot of ways, there are some good traders who share their wisdom for free.

Another tip added:

I believe the longer years of experiences you have gained,the more you are likely to become successful in crypto trading.But don't expect to make profits in trading at all times because even a professional trader still makes losses,so how much more with the beginners?Trading is like gambling too,sometimes you also need some luck to gain huge profits after you trade.

The simplest tip I like to pass out is that NEVER worry about too many things. Just make sure you have your COMMON sense active when it comes to trading decisions. I for one do that only and primarily put focus on the major happening and right now, it’s not hard to say that Chinese markets are on the spot light.

With the recent news regarding no ease in the Chinese Law regarding overseas Bitcoin trading in China, there is a lot that we need to look at!

Two more tips added.

It is so delicious I have ported my bookmark here, thank you very much for sharing. The point world real life love was so hilarious, I literally laughed out loud on that. It will hurt you just like real life and love, lol.

These tips are very useful for experienced traders as well not only for beginners.
Reading tricks and tips helps to become a successful trader as we can avoid making mistakes others
experienced earlier. But reading is not enough, we have to implement them that they become a daily
trading routine in decision making process.
When I started trading long time ago I read many times on many places : just buy on dip and Hodl. Later on I realised
that it is important which coins I am  buying (avoid low-cap and volume ones) as what goes down, does not necessarily go up again.
Some coins can crash completely and never reach OTH (old time highs) again. I learned that on the  hard way.
That time, another surprise  for me  was that Crypto never sleeps  and there are no weekends in trading like on traditional exchanges.

Crypto trading tips based on years of experience yes. However, if you want to make good impact in a particular thing you are doing you need s greater experience. Also, to make profit in cryptosystem you need experience so that you will not get in lose. A good investors learn how to hold during dip than trade.

I'm glad I helped someone.

Thank you very much for sharing these tips. honestly learn lots of things from this 2 minutes reads. Thanks again.

Few more tips added.


What exactly are you talking about? Max supply of almost every coin is limited.

I just learn history of my trading activity and i want to know what wrong with that, because now iam in loss nearly 50% . And finally i know big my mistake, that is never use stop loss and trailling stop in every trade. So now i have to use it, and exchange that offer this function is only Binance, Bittrex, Bitfinex ,Poloniex, Gdax, so now i have to move to these exchange.

This is true in case of everything except Bitcoin and the reason behind that is that the limited number of Bitcoin has not stopped it from growing so big. So this limited numbered currency is unstoppable just because it has a limited supply. It has been a decade and more than 50% of the Bitcoin are being owned. Lets say the remaining are purchased in the coming 10 years.

This will make the prices of Bitcoin more than expected because there will be a very high competition for the coin to be bought that are already been purchased which will rise the prices.

Nice tip.

Before you buy something new, don't forget to have a look at its total supply & circulating supply. Moreover, make sure that there's not going to be an extreme addition soon into its circulating supply; like unlocking of founders reward or private investor coins can devalue your coin/token too much.

Added.

I would also like to add some important tips to your list. First, always look at the market capitalization and not the price of the coin. Many think that they should buy ripple as its price is relatively cheap to Ethereum’s. Second, crypto trading is not just on a daily basis, but on an hourly basis. It’s not everyone that can play this game. Nevertheless you need to consider the amount of time invested in the process

Added another tip:

Buying an altcoin that just entered a high-volume trading platform is simply a big gamble. Recently, for the very first time, without any analysis, I bought something which was just listed on Binance (QKC). I entered it at 2500 satoshis, as it seemed like it has fallen enough (it already had a fall of 1000 satoshis at the time I tried to catch that falling knife), but the next day (today), I found that it was worth only 1700 satoshis, giving me a heck of decline.

Conclusion: If you're really planning to buy something which you think has dumped enough after a huge pump AND after getting listed at a high-volume trading platform, you better be ready for something awful. It's a pure gamble, by the next day, it can either get a huge dump or an awesome pump. I'd rather play a roll on FortuneJack instead of going for a trade like this ever again.

In my opinion, this is a main tip in trading. Gathering the own experience and learning from the own mistakes are very important. Of course, the mistakes shouldn't be at all, but the current economic and politic situations in the field of the crypto currencies are changed rapidly, so almost nobody can teach you in the real time how to get a profit with no risk, using a crypto trading. Useful tips!

Added a new point:


Don't be the one who just sits back and looks at the coins getting pumped up, and then, continues to look at their decline. Remember, until and unless you take some profit off of the pump, that pump is actually useless for you.

Just added the new point:


This is something very important to keep in mind. Do not have a strong position in a coin which you don't know about very well. Recently, I bought a good amount of NANO, and later on, found that someone (probably the hacker of BitGrail) is dumping a good number of NANO on daily basis:

https://nano.meltingice.net/explorer/account/xrb_3hmcxznhr6edmq14gmwaxwippcjhb5m6fs5633qktk688iysbnq96oyrtbe7

...and at this rate, he'll keep dumping for at least a month more before he gets rid of all the NANO he has. I got to know about this after joining their Discord server. Now, I only have the option of holding (as it's too late to sell now at current ridiculously low price). If I knew about that before, I'd buy now instead of buying a few days back.

Yes.That's when greed also appears in trading.People seem not be satisfied even if they have a great and successful trading a while ago.Mostly in this case,people will not get good rewards if they still pursue another trading activity.I also agree with long years of experience in trading,there is more tendency that you will create a successful trading because of your own expertise that have been developed.

Good run down of tricks and tips there, some of them you read all the time, but a few that should help people trying to build up a decent sized portfolio. The depressing fact is that Bitcoin moving, either up or down, causes most altcoins to drop. Constantly trying to increase my Bitcoin as a percentage of my portfolio, but it's not easy.

Great post Raja!

Just a quick note to say a friend recently referred me to these guys: Niffler.co

I checked it out, looked cool....I ended up reaching out to them via their contact page and ultimately started talking to one of the founders for about an hour or so....Apparently they are a well funded startup/team that just threw up their landing page not long ago....

Basically they work with both newbies and experienced traders...with newbies, they give them $100k in play dollars...newbies can practice, grow their portfolio using a Live Exchange...once they good (based on a bunch of thresholds) they can start teaching others and make money doing it...Experienced traders should not have too much trouble getting to that point and from there they can start making money...his best description of what they're launching soon is Patreon meets Coinbase, without the risk....

Hope it helps any newbies! Maybe even helps experienced traders make some money too...

As I said in my last post, during times like the current one, bitcoin is the safest bet. Bitcoin dominance that time, just a few days back was below 36%, now it's 37.5%+. However, once there's enough bloodbath in alts (talking about alts vs. bitcoin pair), entering your favorite alt bit by bit should be a good strategy, like right now, I'm entering little-by-little into NANO.

Actually, I agree with you on some points (Tips). Moreover, the long term of experience is very essential in the field of Trading, and it can help in order to ensure a large proportion of financial profit. many people become disillusioned when they get a great loss (a failed experience) this affects the psychology of some, which leads to the succession and multiple losses, because they did not learn well from those bad experiences.

In fact, I am totally agree with you in the ninth advice , patience is  one of the keys to success in the field of trading, and it is a necessary thing, and Unfortunately, I see many traders are very hasty , and they want to win a large  proportion of money  in an easy and quick way, and this is an  impossible thing and it  may only happen when the trader have a big luck.

Hi, great tips. I agree with almost all of your tips. Maybe somebody would tell you that trading in btc pairs instead of usd pairs is better only in a bull market. When btc value is in long term increasing. But many of us believe in crypto. Many of us believe in long term bitcoin. So we know that every bear trend will end. If you increased your btc holding with btc pair  tranding you will be rewarded sooner than later.

Hello Op, I have 200+ USD worth of multiple alts in the livecoin.net exchange. I am not very much sure how to predict the potential coin to bump today unless bump signal groups I part of it.
Even they use to give the signals for Bitrex and Binance mostly. My query is: Please share me good bump and dump signal group to find the livecoin price factors.
Then please explain me the how you confirm the red and green on the site. For example, if you see the BTC/TRX shows the -3.08. What is this indicates. I want to which one is best coin to invest at this time. BTC or TRX?

Hope get the answer mate. If possible send me PM about this. Thanks for the help.

In situations like the current one, keeping bitcoin is the safest bet. Don't rush on anything, you'll get burnt. Let quality opportunities come to you by themselves.

Remember the pattern of alts vs. bitcoin as shared in the first post of this thread.

Thank you all the advice is good. Most of all I liked Board number 12.
Similar stories of emotions are told by people who entered their passwords from their wallets on the fishing sites.

Bitconnect victims have told about their story in a very emotional way. They'll surely bring tears to your eyes and ultimately you'll feel better for yourself.

Thanks for the tips, this one is funny though. There are more victims of other shitcoins so why point out the victims of Bitconnect? Maybe you can add this tip: Never buy a coin that is obviously being pumped and dumped or never buy a coin that is overvalued and is hyped too much, because it will lead you to loss in the long run if you didn't dump it at the right time.

Thanks!

Added the two points of yours. I'm amazed how I can forget to include that point of exchanges, it's very much relevant here.


History repeats. I'm not claiming that I know all in crypto just because I've been here for years, but seniority DOES mean a lot even if something has turned a few months old. I'm just trying to help newbies in avoiding the silly mistakes I've made.

Very nice tips.
Maybe add: don't use leverage unless you're really experienced.
Dunno if this one is off topic, but maybe a warning to take your profits off the exchanges periodically, as they are prone to failures.

I've failed to understand why some people think that they know all in crypto just be being here for a long amount of time, seniority really means nothing in an industry which is new, has much pretty much rallied in growth by a massive number, and is relatively unknown to most people.

Golden Tip of crypto - Don't get involved here if you wouldn't get involved with penny stocks.

all the things you have explained clearly and detail about understanding the right way in trading, hopefully the way you describe can be useful for beginners

Another "golden" tip which I'm going to update right now:

-Always keep in mind the following pattern of BTC & Alts, as seen in past years:

1. If bitcoin goes up heavily, all alts suffer.
2. If bitcoin goes down heavily, all alts suffer.
3. If bitcoin goes up slowly, only low volume alts suffer.
4. If bitcoin goes down slowly, only volume alts suffer.
5. If bitcoin stays sideways, every kind of alt grows.
6. If bitcoin stays sideways for a few weeks (4+), all alts grow and low-volume alts go "absolutely" crazy.

Just added the following tips:

- In crypto, the good thing is, you can always make a good comeback by being wise, even if you're left with 10% money you initially invested.

- If you think no one's more unlucky than you, watch some Youtube videos of victims of Bitconnect.

- Wait for quality trades (good chances), don't just rush up to trade your bitcoin or dollars again after every successful profit. Decrease quantity of trades and increase quality of trades. Don't trade while you're exhausted (or too much happy on previous trade).

- If you think you missed the chance by not buying something, don't be blue, try to find some other opportunity. There're always some golden opportunities available in crypto.

- Trade in levels. Buying and selling, both, do it in levels. This reduces the risk greatly.

- Try to "bitcoin cost average", if you buy something at 0.02 BTC price, and it goes down to 0.015 BTC, then buy more of it at 0.015 BTC so that you can get into profit faster once it recovers.

More coming up soon.

FOMO isnt really a good habit to consider, its just really instead like a pure gambling to me because having these kind of habit will really put you on risk later on when prices do go opposite on what you expect. For things being listed above those tips are common but somehow these things should be followed yet this would really be helpful along the way.If you are just purely starting on crypto trading then better to read up this tips and get aware on what you are doing.

Just entered 5 more tips. More coming as soon as I think of (or get through) them.


If you (or anyone else) thinks that some of the tips aren't correct/good, please feel free to argue. If I find your argument good enough, I'll remove it.

yes I think most of the clauses are correct. Never fomo is golden.
However it is not easy to stay calm even you are experienced because crypto is so exciting

Nice, a lot of from listed that I have missed because my experience is not enough, but thanks for your sharing this maybe can help me later for better investment because until now I'm just believe hold my coins can get some money with that 

Most of you are probably gonna learn the hard way, like I did, by making a lot of mistakes, but maybe keeping in mind a few tips can help you reduce the learning time of stupid mistakes:

1. Your goal is to earn BTC, not the tethers (USD). Trade BTC/Alt pairs, not USDT pairs.

2. Do not buy something that has been multiplied by 2 or 3 recently.

3. Paid trading tips, pump n' dump groups, Twitter, or other sort of paid groups are not going to give you the right suggestions, in fact, their main goal is to squeeze some money out from you! Use Twitter and other such platforms only for remaining updated, not for decisions-making.

4. Always remain at least 40% in bitcoin, there're a lot of times when bitcoin makes a crazy move and alts get a heck of damage.

5. Keep your portfolio divided in at least 5-10 coins. Never fall in love with some one coin only, otherwise this love will damage you in the end as much as real-life love.

6. Time comes when you feel like all other alts are getting pumped up except for yours, in that case, just hodl. It'd be too late to jump onto some other alt.

7. If you're buying something that's about to get hard-forked leaving two coins (out of one) in hope of a pump, don't forget to dump it like 2-3 days earlier. It's a trend now, a pre-fork dump.

8. If something is obvious, it's obviously wrong. -Joe Granville

9. Good things come to those who wait. -Al-Quran

10. Never FOMO/panic. Never think "if I hadn't sold it, I'd have been sitting on a million". Never cry over past, only learn from it and don't repeat the same mistake.

11. In crypto, the good thing is, you can always make a good comeback by being wise, even if you're left with 10% money you initially invested.

12. If you think no one's more unlucky than you, then watch some Youtube videos of victims of Bitconnect.

13. Wait for quality trades (good chances), don't just rush up to trade your bitcoin or dollars again after every successful profit. Decrease quantity of trades and increase quality of trades. Don't trade while you're exhausted (or too much happy on previous trade).

14. If you think you missed the chance by not buying something, don't be blue, try to find some other opportunity. There're always some golden opportunities available in crypto.

15. Trade in levels. Buying and selling, both, do it in levels. This reduces the risk greatly.

16. Try to "bitcoin cost average", if you buy something at 0.02 BTC price, and it goes down to 0.015 BTC, then buy more of it at 0.015 BTC so that you can get into profit faster once it recovers.

17. Make one fully-researched decision without fomo'ing out, and once you make it, stick to it. Finding absolute bottom to buy in at or absolute top to sell on at is pretty much impossible.

18. Very good and interesting analysis by @cy_stats on Twitter of altseason: https://pbs.twimg.com/media/DZstNL-XkAAKFZN.jpg

19. Always keep in mind the following pattern of BTC & Alts, as seen in past years:

*1) If bitcoin goes up heavily, all alts suffer.
*2) If bitcoin goes down heavily, all alts suffer.
*3) If bitcoin goes up slowly, only low volume alts suffer.
*4) If bitcoin goes down slowly, only volume alts suffer.
*5) If bitcoin stays sideways, every kind of alt grows.
*6) If bitcoin stays sideways for a few weeks (4+), all alts grow and low-volume alts go "absolutely" crazy.

20. Do not use leverage unless you're really experienced.

21. I personally do not include the coins I've in exchanges in my portfolio. Remember, as long as you've your coins in the exchanges, they do not belong to you. They belong to the exchange and you should always remain ready for a hack/loss of those funds. If you're not trading something, it's way better to take it off the exchanges.

22. If you're planning to have a big position in one of the coins, make sure to thoroughly investigate what's going behind the scenes (by joining its Discord or Telegram), else, you might find something suspicious later on which will be very annoying (and might result in a good loss).

23. Book your profits, don't be the one just "hodling" around. Hodling, in my opinion, works out when you're planning to buy something and then leaving it for a few years. If you're trading, it's not an option for you. Don't just sit back and look at your coins getting pumped up, remember, until and unless you take some profit off of them, that pump is actually useless for you.

24. Buying an altcoin that just entered a high-volume trading platform is simply a big gamble. If you're really planning to buy something which you think has dumped enough after a huge pump AND after getting listed at a high-volume trading platform, you better be ready for something awful. It's a pure gamble, by the next day, it can either get a huge dump or an awesome pump. I'd rather play a roll on FortuneJack instead of going for a trade like this ever again.

25. Before you buy something new, don't forget to have a look at its total supply & circulating supply. Moreover, make sure that there's not going to be an extreme addition soon intoits circulating supply; like unlocking of founders reward or private investor coins can devalue your coin/token too much.

26. FOMO buying while the trend is overall downwards is stupidity. Place a buy order at around 3-6% less than the current price, there's a huge probability that it'll get filled.

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More tips coming up as soon as I think of them. I'm expecting to reach at least thirty tips soon. If you've been in trading and would like to share a tip as well, please post below.