Smart Advice for Beginners in Crypto

The cryptocurrency market is always full of opportunities but also hides countless risks. Especially for new investors, the lack of experience and discipline often leads to quick losses. Below are 12 important principles that anyone should remember when participating:

1. Small Capital, Select Big Opportunities If your capital is below 100,000, you don't need to trade continuously. Just catching a strong upward trend once a year is enough to make a profit. Be patient and wait for clear opportunities instead of going “all-in” on every order.
2. Knowledge Determines Profit You cannot earn more than your level of understanding. Start with a demo account to train your mindset and patience. Small losses in demo are normal, but a big mistake in a real account can lead to losing everything.
3. Habit of Self-Assessment Always review your transactions. Does the coin you choose meet your expectations? Is it following the market trend? Reflecting on your actions helps you adjust your strategy and avoid repeating mistakes.
4. Big News = Big Risk When there is hot news, prices fluctuate extremely strongly. If you do not take profits within the day, sell the next morning when the market opens high. Profits will disappear very quickly if you are greedy.
5. Keep the Project Strong, Sell at the Peak Good projects are worth holding onto, but don't forget to sell when the wave peaks. Don't let greed turn profits into losses.
6. Avoid Trading Before Major Holidays Before important events or long holidays, it is advisable to reduce or exit positions. Come back after a few days, as significant fluctuations often occur right after.
7. Strong Bearish Candle on Daily Chart If a large red candle appears ( not at the bottom with low volume ), exit the position the next day. Hesitation will only cause you to lose more.
8. Volume Indicator at the Bottom When you see a strong increase in trading volume at the bottom range, it is usually a signal of a trend reversal. Pay attention to observe.
9. Long-Term Transactions Always keep a portion of cash. Sell when the price rises, buy when it adjusts. Use the “snowball” strategy to accumulate gradually.
10. Short-Term Trading Only focus on coins with high volume and strong volatility. Stay away from sluggish coins with low volatility.
11. The Law of Speed Price decreases slowly → recovers slowly. Price decreases quickly → recovers quickly. This is the market psychology rule that you need to remember.
12. Compare Market Trends Always compare the overall trend with each individual coin. Strong coins, which have significant support, often move contrary to or outperform the market. Weak coins only follow the general trend. 👉 Conclusion: Investing in crypto is not a game of chance, but a game of discipline, patience, and knowledge. Start slow, observe carefully, and develop risk management habits. When you master your psychology and strategy, profits will come naturally.