Here are 3 practical tips to protect your capital today:
1️⃣ Don’t put all your eggs in one basket: Diversify across solid crypto assets (such as Bitcoin and Ethereum) and smaller-cap projects, according to your risk profile.
2️⃣ Set your limit (Stop Loss): Before opening any trade, know exactly how much you’re willing to lose if the market moves against your analysis. Don’t let emotions control your losses.
3️⃣ Manage your position size: Never invest an amount that could jeopardize your monthly bills or keep you up at night. The money allocated to crypto should be money you can expose to volatility without panicking.
💡 The 1% Rule: Many experienced traders recommend risking no more than 1% to 2% of your total capital on a single trade. That way, even after several bad days, your account stays alive.
1️⃣ Don’t put all your eggs in one basket: Diversify across solid crypto assets (such as Bitcoin and Ethereum) and smaller-cap projects, according to your risk profile.
2️⃣ Set your limit (Stop Loss): Before opening any trade, know exactly how much you’re willing to lose if the market moves against your analysis. Don’t let emotions control your losses.
3️⃣ Manage your position size: Never invest an amount that could jeopardize your monthly bills or keep you up at night. The money allocated to crypto should be money you can expose to volatility without panicking.
💡 The 1% Rule: Many experienced traders recommend risking no more than 1% to 2% of your total capital on a single trade. That way, even after several bad days, your account stays alive.
