Some of the ground rules i blindly follow, and has paid good dividends for me:
- Untill you feel, a coin is at a bare minimum price, and something tells you it's way undervalued for the tech or the team behind it, NEVER invest.
- Generally weekends are bloody crypto days. Good time to invest.
- Mondays/Tuesdays generally boosts market. Good time to seel off your lower margin trades.
- Read the white papers. Try predicting coins that will fare well in the long run. That's the only way to make money. period.
- Some loose handers will boast about their quick bucks. Never cave in. They can't keep doing this for long. One bad move, and they will ne gone from the market.
- Never sell off in loss. Always remember, you are never in loss, untill you sell off in a loss.
Please upvote if you find this helpful.
Cheers, and happy trading!