top of page
Search

WORST CRYPTO TRADING GOOF UPS

  • Writer: Dr. Niketu Shah
    Dr. Niketu Shah
  • Apr 7, 2022
  • 1 min read




ree

Making money from cypto is an objective not a strategy .Create a strategy for long term wealth creation .

•GOAL SETTING – should be Realistic, consider your risk taking ability , you age , financial position

NEVER INVEST MORE THAN YOU ARE ABLE TO LOOSE

•NEVER TAKE DEBT FOR INVESTING IN CRYPTO

•ALWAYS HAVE HODL strategy ready as a standby ( Hold on to dear life )

•Minimum risk coins – Bitcoin and ethereum

•Higher risk – Alt. coins



•Safe exchanges are always preferred eg. Binance , Coinbase, Huobi etc

•Check for the Funding options – does it support your currency ? Easy deposit and withdrawal techniques is the most important aspect.

•Required functionality – advanced and basic interface for trading in the exchange.

•Fees – trading and deposit withdrawal fees on the long run can be huge


•DYOR – Do Your Own Research

•Find your own gems to get 20 – 50 x returns . Otherwise you will have to be happy with 3x or 5x returns only


Websites to educate yourself :

COIN BUREAU / COIN TELEGRAPH / Twitter handles of whales and coin developers

COIN MARKET CAP for detailed information etc.

 
 
 

Comments


You can connect with me 

Thanks for submitting!

© 2022 by CryptoDoc .

bottom of page