5 very important tips about cryptocurrencies clearly organized below 👇✨
1. Start with an amount you can afford to lose 💸
The market is very volatile, so don't put all your money in at once. Diversify your investments and start with small amounts. $TRUTH
2. Keep up with news and analysis constantly 📰
Cryptocurrency prices are affected by any economic news, new projects, or government decisions. Keep an eye on official news and reliable sources.
3. Use stop-loss ⚠️
Always set a loss limit for each trade before entering, to protect yourself from sudden fluctuations. $LUNA2
4. Rely on both technical and fundamental analysis 📊
Technical analysis helps you identify support and resistance points, while fundamental analysis gives you a picture of the project's future and its true value.
5. Don't be greedy for quick profits ⏳
The crypto market is fast and volatile, so plan for medium or long-term investments, and don't let greed control you. $BTC
