rules it is wise to invest

[richman3451]

Friends want to share with you the rules that I emphasized for myself when trading on the exchange and investing

1 Diversification is when investing in several coins or projects

2 profit after sale is always good to see that your profits grow but this growth can end
a sharp drop in the coin, since the market is very volatile, so you do not need to be greedy, you need to fix your
currency on profits and do not wait for a better moment or you can regret it

3 Sell when it's time - many trading on the exchange can be affected by their emotions, and as a result lose profits

4 you need to choose the most reliable method and effective for storing coins (this is your profit)
it must be stored very reliably

5 Think about profits every person always faces a choice, choose a profit or choose to be right, I choose to make a profit

6 Manage your emotions as our main problem is the constant ups and downs of the unregulated crypto market
every time you look at the prices of your coins it makes you nervous and keeps always in suspense, do not let fear knock you off course

7 is not confident in its own best not to trade on the exchange, this will lead you to a loss

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[palle11]

5 Think about profits every person always faces a choice, choose a profit or choose to be right, I choose to make a profit

Right is equal to profit. So if you make a right decision, it will definitely going to bring in some profit because being wrong is losing out. Therefore, no right no profit.

6 Manage your emotions as our main problem is the constant ups and downs of the unregulated crypto market
every time you look at the prices of your coins it makes you nervous and keeps always in suspense, do not let fear knock you off course

This point is very important in trade. A trader must have this as a tool, if you don't have patience, you make a wrong decision because of fear and anxiety.

[markiz73]

Trading and investing are completely different ways of earning money.
 I understand that you want to get a merit, but maybe you should try a little better.
Here are 50 tips for beginning traders.
https://sirius-crypto.com/pyatdesyat-sovetov-nachinayushhim-kripto-treyderam

Written  in Russian, but do not be too lazy to translate, very useful advice.
You can make a good post. Just provide a link to the source.

[xIIImaL]

Friends want to share with you the rules that I emphasized for myself when trading on the exchange and investing

1 Diversification is when investing in several coins or projects

2 profit after sale is always good to see that your profits grow but this growth can end
a sharp drop in the coin, since the market is very volatile, so you do not need to be greedy, you need to fix your
currency on profits and do not wait for a better moment or you can regret it

3 Sell when it's time - many trading on the exchange can be affected by their emotions, and as a result lose profits

4 you need to choose the most reliable method and effective for storing coins (this is your profit)
it must be stored very reliably

5 Think about profits every person always faces a choice, choose a profit or choose to be right, I choose to make a profit

6 Manage your emotions as our main problem is the constant ups and downs of the unregulated crypto market
every time you look at the prices of your coins it makes you nervous and keeps always in suspense, do not let fear knock you off course

7 is not confident in its own best not to trade on the exchange, this will lead you to a loss

You may have created this om trading section first. Later on this advice can be shared to real trader whoever want to start their trading investment on a y exchanges.
Can you tell me which trading site you will be recommended for the fees concerns and good for newbies too?

[i7claufe]

I think the first one, and the most important role is information, after getting enough information on how to's and the platform's information. The next thing in line will be managing emotions. I will be very honest that 7 out of 10 times on my losing trades are caused by emotions. The fear of missing out, reading too much FUDs and getting carried away by influential people's pump and dump scheme.

[joelsamuya]

Thanks for sharing this information, it really helps us to understand the rules for investing and trading in order for us  to make some little profits or anything, im gonna share this information to my social media channels, Have a great day.

[jossiel]

6 is correct.

Don't let your emotion bring you to the level where you'll be triggered with your losses. If you are raging by that moment, chances of losing is very high and that's unlikely to help you because it can lead you to more losses.

7 is also true.

If you don't feel well and you doubt yourself for awhile, don't continue and take a rest.

[TravelMug]

Friends want to share with you the rules that I emphasized for myself when trading on the exchange and investing

1 Diversification is when investing in several coins or projects

For me diversification means you investing not just on several coins or projects, but in other markets as well like stocks or bonds or property.

2 profit after sale is always good to see that your profits grow but this growth can end
a sharp drop in the coin, since the market is very volatile, so you do not need to be greedy, you need to fix your
currency on profits and do not wait for a better moment or you can regret it

Adjust your trading wisely, we are in the bear season, don't be a permabull in this trend because you might get frustrated.

3 Sell when it's time - many trading on the exchange can be affected by their emotions, and as a result lose profits

That's where the entry/exit plan comes in. You need to be greedy, as long as you hit your exit plan then cash out and don't be greedy.

4 you need to choose the most reliable method and effective for storing coins (this is your profit)
it must be stored very reliably

Hardware wallet is a must specially if you are a bag holders of several coins. And please don't let huge amount of funds sit on your trading exchanges so that a likelihood of a hack won't affect you big time.

5 Think about profits every person always faces a choice, choose a profit or choose to be right, I choose to make a profit

Right, again don't be greedy. Get you profits now and live another day.

6 Manage your emotions as our main problem is the constant ups and downs of the unregulated crypto market
every time you look at the prices of your coins it makes you nervous and keeps always in suspense, do not let fear knock you off course

This is very tricky. Most of the time is hard to control emotions though.

7 is not confident in its own best not to trade on the exchange, this will lead you to a loss

You can start with few hundred dollars, then move up as you gain experienced. Losing money sometimes is a good thing. As long as you learn your lessons and not make the same mistakes again.

[gantez]

Investment here in crypto is very risky

Being stereotyped about investing because of its risk is the reason that some people get rich and some are poor. Some early adopters of bitcoin had friends too who were only seeing the risk in investing in bitcoin but today, I read of many regretting of not investing back then after being introduced to it.

I think we should take more risk but not to a glaring scam.

[xen14]

wp

[arwin100]

Strongly agree with 3 since many people eaten by their greed to search for more profit and look for highest pump! We should erase the greediness so that we could possibly earn as much as we can and doesn't miss any possible chances to get a secure profit since there are so many factors that can make the pump stop and the dump and one of the perfect example for that is manipulation and traders personal profit satisfaction.

[KirunBarber]

in trading crypto currencies it is needed a great mental mentality. not relying on emotions, the number of cases of the decline of traders is when their mental mentality is weakened. and in the end they lose ..
I agree with your opinion...

[Gozie51]

3 Sell when it's time - many trading on the exchange can be affected by their emotions, and as a result lose profits

The thing about this number 3 is that, you never can tell when the time is correct for a sell 

Sometimes you can't understand the way these things happen and you see a winning coin just going down while you are expecting it to rise for a sell probably soon. At other times, immediately after selling at a little gain, you open again to see a higher margin different from where you have sold and you will be like...

[pamsugas]

the seven tips that you provide are very useful but we see the current market conditions are still ugly. the bitcoin market is still in the bear market so when investing will hurt us