If you're just starting in crypto, grasp these 3 things first. The rest will come later.

1. Never take a loan to invest.

Crypto is volatile. Up 10% today, down 15% tomorrow. Only invest what you can afford to lose without losing sleep.

2. "Buy the dip, not the hype."

When a coin is going viral on Twitter, you’re usually already late to the party. Real profits come when the market is cold and people are scared.

3. Always set a stop loss.

A 2-3% stop loss can save you from major losses. Holding out due to ego is the biggest mistake.

I personally follow these rules. I took losses the first two times when I didn't know this.

What was your biggest mistake in crypto? Share in the comments, it might help someone else out.

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