It was the time when I fall in the trap of trading!
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Today I would like to tell some rules to the newbie. I've gone through all these situations and I'd like to share my thoughts about trading to you.
There would be thousands more reasons but below could be life savings!
Rule#one: Never buy a single potential coin but distribute the cash so that if one down another could take you up
Rule#two: Don't just invest, try to learn the patterns if you really want your investment back.
Rule#three: Make buying & selling habit, look for little profits insted of huge outcomes which could take years and there is big chance of loose as well.
Rule#four: Don't sell everything together! Do it by turns. Who knows a small amount could bring all your ROI back.
Rule#five: Don't invest in cryptocurrency if you can't afford it. It could make you millionaire or vice versa within seconds.
Rule#six: Don't you ever loan to invest in cryptocurrency! Never. If you loose you loose the double amount.
Rule#seven: Don't invest if you don't understand
Please try to avoid things you don't understand.
Happy trading.
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