Six cryptocurrency tips (and five mistakes to avoid)

in #trading3 years ago

The best trading tactics often come from years of investing in cryptocurrency markets.

Six cryptocurrency tips:

  1. Have a strategy for crypto trading
  2. Manage risk
  3. Diversify your crypto portfolio
  4. Be in it for the long term
  5. Automate purchases
  6. Use trading bots

Five common crypto mistakes

  1. Buying just because the price is low
  2. Going ‘all-in
  3. Thinking crypto is ‘easy money’
  4. Forgetting your crypto keyphrase
  5. Falling for scams

Extra TIP!

And stay away from these:

1.Cloud multiplier scams
2.Pump and dump

  1. Malicious wallet software
    4.Fake coins

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