Risk Management: Adopting clear strategies, such as the 1% rule (never risking more than 1% of your portfolio on a single trade), setting stop-losses, and taking out initial investments as soon as possible, are crucial for long-term survival in the market.
Diversification: Spreading investments across different assets and even different asset classes (not just crypto) can help hedge against risk.
Long-Term vs. Short-Term: Some found success with long-term "HODLing" (holding onto assets) based on belief in the underlying technology, while others focused on short-term trading strategies. Both require a solid plan.
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