This is an advise cryptocurrencies traders especially short term traders. Am certain it will be useful.
As market is Very Volatile now, I can recommend to do the following especially for short term traders!!
(A)When Buying coin don't enter with whole money at once, accumulate(Buy slowly as its going dip)and Always use stop Loss in your all trades(3-5% below the Buying zone)!!
(B) Dont be Greedy, Exit trade as you earn 5-10% profit!!!
(C)Its better to keep 20-35% free btc in case of market crash then you buy cheap alts in diiiip!!
(D) For the risk management Don't put all your funds in one coin!! Try to divide it depending on your portfolio amount!!Hold atleast (3-8coins)!!
Good Luck.
I feel you have been in crypto investment for a long time cause such ideas couldn't be created by a newly one. Anyways, such tips are very useful and it could help people from keeping them away from losing to much.
That's right, we don't need to be greedy and we must have to learn knowing a word "Enough". I'm also a short term trader and I am just having only 3 coins to check everyday and having profit in week or a in month.