Crypto Best Rules

[Crypto Debate]

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.

[IrenNTA]

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!

[khendjer]

# Invest only the amount you are ready to lose
# Don't keep all your coins on exchange
# Always follow the latest crypto market news

[terrific]

#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.

#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.
If there is then bitcoin is their only coin and I think that's enough to fall in love with one coin.

[skelethon]

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."

[omfg.xekcep]

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.

[bttmember]

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.

[Xioma]

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.

[13ex07]

All the advice is good, reasonable and looks simple. However, it is extremely difficult to follow them.

[valheru]

Its easy to say but becoming difficult to do thanks for the advice.

[batang_bitcoin]

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. 

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.

[Milansilver7]

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.

[Encelad]

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.

[BIT WRLD]

Thank for providing this rules, this are helpful for new in this market

[pidobir]

Nice rules. I think for beginners the best rule is no panic. In the long run, any coins will cost more than now.

[CTO@MyBitMine]

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.

[melted349]

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.

[BitcoinHodler]

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.

[patt0]

I guess that is good advice from a pure trading point of view, but I think you are missing a very important one that is study the project and the team that you want to invest in. This is not meant to be confused with falling win love with a coin, but if you know the project well enough, you will avoid selling or buying based on fud or fomo, because you can actually value your own investment based on the knowledge you have of those coins.

So I think you should add: "know what you are buying".

[Kocret02]

I always apply in this self with a statement "do not give up, continue to be patient and live well to get the wealth from crypto" This is a requirement that must be met by many people when in the world of crypto.