For me, the most important thing in crypto is knowing before I trade how much I can afford to lose if the market moves against me. Thinking about profits is easy; calculating risk is much more important. What rule do you follow for managing risk?
Today I realized that repeatedly checking the price of $BTC doesn't necessarily lead to a good decision. Sometimes stepping away from the chart for a while and revisiting your plan is much more useful. How many times a day do you check the market?
$BTC Most beginners check the price 50 times a day. 😅 Most beginners check the price 50 times a day. But the price doesn't tell you much. What matters more: why you bought, how much you can afford to lose, and how long you plan to hold. But the price alone doesn't tell you much. What matters is why you bought it, how much you can afford to lose, and how long you want to hold it. If you can't answer these three, wait before your next trade. If you can't answer these three questions, don't make another trade; wait a little. What's one rule you follow when you trade? 👇 What's one rule you follow when you trade? #Crypto #Bitcoin #Pashto #CryptoEducation