To avoid big losses as a newcomer, focus on risk control first, profits second:
1) Only invest what you can hold for 12โ24 months (no rent/loan money).
2) Use Spot first; avoid Futures/leverage until youโve traded profitably on paper and spot for months.
3) Position sizing rule: risk 1โ2% max per trade. If you donโt know your stop-loss, your position is too big.
4) DCA beats guessing tops/bottoms: buy in small fixed amounts weekly/monthly instead of โall-inโ.
5) Stick to liquid, major coins at the start (BTC, ETH, and a few top large-caps). Avoid brand-new microcaps.
6) Always set a plan before you buy: entry, invalidation (stop), and target(s). No plan = emotional trading.
7) Donโt chase pumps (green candles). If it already moved hard, let it go.
8) Security basics: enable 2FA, use anti-phishing code, and never share seed phrases/OTP.
9) Beware of scams: guaranteed returns, โDM adminโ, fake airdrops, and links asking wallet connection.
10) Track every trade (why you entered, where you exited). You improve faster and repeat fewer mistakes.
If you tell me your situation, I can tailor it:
1) Are you buying spot only or thinking about futures?
2) Your starting amount (roughly) and whether you prefer monthly DCA or active trading?
3) Which coins are you considering
