Rule number one | Always invest what you can afford to lose!As a trader, there are few tips you can follow to improve your trading life.
You already know the first one, now I'll give you more hints about it.
NOTE: these are not financial advice or rules to follow at any cost.
2 - Diversify your portfolio, invest in different cryptos, and don’t put all your eggs in one basket!
3 - Check the markets on a daily basis, having your face stuck on a chart is not good for your investment and for your health!
4 - Be aware of scams, do not trust people that ask for funds and give you profits in return.
5 - Double Check your withdrawals, be sure to always input the right address when you transfer your cryptos, it's always recommended that you copy/paste your address or use the QR code to minimize the risks.
6 - Read news, especially about your investment, you should always be aware of what it’s happening around cryptos.
7 - Set a stop-loss, a lot of traders do not pay attention to this, the more you lose, the more difficult it is to gain profits.