Advice to Crypto traders

in #advice6 years ago

This is just a little #advice# from me to you (crypto traders) . Please always make sure to use proper money management when trading. In trading you will have some wins and some losses that is part of trading and it's impossible to win all trades, but if you practice proper money management then your account will never be at risk.
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I always advise crypto traders to never invest more than 10% of your capital per trade, 5% is even better, this way with 10% you would have to lose 10 trades to wipe your account and 20 trades on 5%.

Please don't get greedy. Doubling up on loss to try recover is very risky and you may lose even more.

Trade safe and stick to proper money management and you account will survive any loss and will continue to grow.

Happy Crypto Trading.

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Good " advice". However of "advice" from me regarding tags well it is from Steemit FAQ:

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