4 THINGS YOU MUST KNOW BEFORE YOU TRADE CRYPTO

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girl-5662435_1920.jpg source; pixabay

  1. Learn the basics of crypto currencies : if long-term crypto is what you desire, understanding the basics is a mandate. People who skip the basics cash out quite alright but in a short time they soon lose everything because they jumped the steps. You have to have knowledge about basic things such as ;
    A. Proper risk management
    B. Profit- taking plan
    C. Market sentiment
  2. Know the basics of investment
  3. Have financial discipline
  4. Be mindful of who you listen to when gaining knowledge or information on crypto.
    In my next post, I will be talking about how to become an expert in crypto in a short time as a newbie.


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2 comments
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Those are four good points. Crypto has such a short window for many coins and tokens, so it is difficult to know which ones will be around in the future. Which I think makes 1B so important. Always take the money. Bank the profits. I look forward to the next post since I am still a newbie in crypto!

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I'm glad you found the write-up useful. You speak like a pro though. Looking forward to seeing more of your comment on the next post

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