I want to share with you the result of a few videos I watched where experts make recommendations. Some very conservative (that I haven't applied yet), others risky. They are not my recommendations. Take the idea that gives you confidence ๐Ÿ‘€๐Ÿ‘๐Ÿฝ๐Ÿ‘๐Ÿฝ๐Ÿ’ฐ

๐Ÿ’ก 5 rules for beginners to avoid losing money and not sleeping poorly ๐Ÿคญ๐Ÿคญ

1๏ธโƒฃ ๐Ÿ“„๐Ÿ” I don't invest in what I can't review

If I can't see inside how the currency works (who controls it, how many will exist, if they can print more whenever they want)...

๐Ÿšซ I don't enter!

Many times they say โ€œit's audited,โ€ but then a hidden button appears that allows them to sink the price.

๐Ÿ‘€ If thereโ€™s no clear and public code โ†’ I pass.

2๏ธโƒฃ ๐Ÿชœ๐Ÿ’ฅ I don't borrow to invest

In other words: I don't use leverage.

I donโ€™t buy 10 times more than I have, hoping it goes up.

๐Ÿ“‰ If it drops by 10 %, I lose everything.

My rule:

๐Ÿ˜ด If a normal drop takes me out of the game โ†’ Iโ€™m playing too hard.

3๏ธโƒฃ ๐Ÿฆ๐Ÿ” I don't leave money on the exchange

๐Ÿ˜…In no digital wallet, not even in the mobile app.

After 24 hours, I transfer everything to a physical wallet (like a special USB that only I control).

๐Ÿ•ต๏ธโ€โ™‚๏ธ In 2024, many lost everything due to a false update.

๐Ÿ’ก If itโ€™s not in my control โ†’ itโ€™s not mine.

4๏ธโƒฃ ๐Ÿ“‰๐Ÿงช I donโ€™t buy what everyone is shouting without testing if it can be sold

๐Ÿซฐ๐ŸฝBefore buying, I try selling.

๐Ÿ‘†๐ŸฝI place a fictitious sell order and see if someone buys it without the price crashing.

๐Ÿชค If there are few people buying โ†’ itโ€™s a trap.

๐Ÿšช If there's no exit โ†’ I get trapped.

5๏ธโƒฃ ๐ŸŽฏ๐Ÿ“… I enter with a pre-written exit plan

โ˜๐ŸฝI donโ€™t buy and just watch.

โ˜๐ŸฝI place two automatic orders:

โœ… I sell if it drops by 15 % (cut losses)

โœ… I sell if it triples the money (I take profits)

And every 3 months I review:

๐Ÿ“Š If a coin becomes more than 25 % of all I have โ†’ I sell a little.

This way Iโ€™m not tied to a single bet. ๐Ÿง˜โ€โ™‚๏ธ

๐Ÿง  Visual summary:

๐Ÿ“‰๐Ÿ“ˆ I don't try to beat the market. I try not to lose due to crazy decisions.

And sleep peacefully.๐Ÿ˜ด