Here you can read some crypto rules need to know before you enter in crypto market.

Hi Trader,

From last 2-3 weeks i was writing article series on some crypto trading points to follow to get most out from crypto, specially for minnows. This is the last post i am writing today on the series. Here are some important links regarding my series posts.

"Balance Your Investment And Invest Wisely"

"Create Portfolio For All Of Your Investment"

"Create Your Goal And Make Sell Bid Today"

"Learn Some Basic Of Elliott Waves, When To Buy And Sell"

"Be Active And Love News"

"Always Be Prepared For Everything"

Today i will talk about them in brief. So lets start with most important point

"Balance Your Investment And Invest Wisely" -

Fund balancing means invest your fund by diversifying it in some categories like : Long term, short term, mid term and high risk. Do not invest all you fund in one category. If you invest all your fund in "high risk" then you may lose all your investment in some minutes. Also if you invest all your fund in long term investment then you are locking your fund long period and withdrawing that money again and again can make you lose your profit.

That's why fund balancing is important. Imagine if you meet loss in high risky trade then in fund balancing you can set off that loss with other categories. You can read full article on this topic by following this link.

"Create Portfolio For All Of Your Investment" -

Portfolio is also the main part of crypto trading specially when you have more than 2-3 crypto currencies at a time. Many times we have to trade in crypto but after some days we forget what we did on tradings and in last, many times we are not able to find our actual profit or loss. So prepare your portfolio, either offline or online. I will recommend online portfolio, i am using an android app named "Blackfolio". It is an great app for watching your all portfolio or investment in just one click. We can watch our total portfolio at same place with profit and loss chart. We just have to update our buy/sell on the app. You can read full article on this Topic Here

"Create Your Goal And Make Sell Bid Today" -

We enter in a coin by understanding their potential like 50%, 60%, 2x, 3x profit. but in actual when we are at same profit we become greedy or forget and don't sell the coin in hope that the price of coin will go up more. But what happen is, the price of coins goes down after little more spike up and then we hold that coin to reach at the same profit and most of time we lose our profit. Ok i know, if you are new to crypto then you may denied this point but if you know crypto well then you know that this situation come many times in crypto world. So better put your selling bid (Where you see the coin price in future or your specific target) today for your coin and sell whole or some percentage of your holdings. You can Read the full article by going to This Link

"Learn Some Basic Of Elliott Waves, When To Buy And Sell" -

Nothing is 100% predictable in crypto market, yes also not in real life. Learning some basic of Elliott waves can give you an idea that where the price of the coin can go and many some times it becomes very helpful. If you are a trader then you must know about some basic terms of Elliott waves like : breakout, resistance etc. You can red more on it by clicking on this link here

"Be Active And Love News" -

News play a important role in crypto price fall and up. Short and mid term investments are almost news based and many times news cause sudden spike in price of coin, for example listing of coin on big exchange. News also cause sudden price fall, Remember bitconnent. If you want to earn or be in safe side then you must read news about it as soon possible. Love news and be active, your response matter a lot. To get the most out of the news your must read the news as soon possible and react at the same time. In this way we can earn moire by minimizing our loss. Read in details about the topic here

"Always Be Prepared For Everything" -

As i say many times that crypto market is like a chameleon that can changes it colors in seconds. We have to be prepared for everything. Imagine if you like project coin and want to buy it but you don't have funds to invest and what you do is sell another crypto for this. In this way you can lose you profit of the sold coin so better to hold some percentage of your funds in fiats or bitcoin. So you never miss a dip again. Also prepare accounts for good exchanges in advance. May be you have to invest in a coin which is available on another exchange then you have to create your account and may be need to verify KYC. So better to create account on good exchanges and verify kyc if needed. Read the full article on this topic here

So these are the six points that will help you to do more better in crypto market. If you like that then don't forget to share it with your followers by Re-steeming this post. This will help me lot, also i will able to cover more minnows. My motive is to help minnow so they never do mistake by doing these silly mistake and can earn more daily by minimizing the risk.

Please do not take it as a financial advise. THIS IS NOT A BUY REQUEST. It is just my analysis,opinion and result of readings. So before investing in any Crypto currency, do your own research first. I will not be responsible for any losses

Thanks for reading...

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