Five habits that separate careful traders from reckless ones:
1. Never invest money you can’t afford to lose; crypto can lose 50%+ of its value in weeks.
2. Check the source of “hot tips”: hype posts are marketing, not research.
3. Use limit orders, not just market orders, to control the price you actually pay.
4. Enable 2FA on your account: exchange hacks and phishing are common.
5. Start small and learn how order books and fees work before committing real size.
1. Never invest money you can’t afford to lose; crypto can lose 50%+ of its value in weeks.
2. Check the source of “hot tips”: hype posts are marketing, not research.
3. Use limit orders, not just market orders, to control the price you actually pay.
4. Enable 2FA on your account: exchange hacks and phishing are common.
5. Start small and learn how order books and fees work before committing real size.