Rule #1: Expect to loose 100% of your "investment". if you can't deal with that you are putting too many eggs in this basket.
Rule #2: Pull out your initial investment when you have made a profit then reinvest your profits. I like this strat because it reduces risk to 0%.
Rule #3: Don't get your investment advice from a random guy like me.
Good tip, people should minimize their losses by investing only what they can AFFORD to loose. Since this is a new market swings are HUGE, and you can literally be down thousands one day, and be in profit the next day... Be very careful.. and if you are investing alot of money, try to think of the investment in the long term, because quick pump and dumps will 80% of the time loose you money. Slow and steady wins the marathon. 3