The first thing in the crypto market is to study and learn about the fundamentals of the market. Its strange when people join the market and loose their money and do blame crypto market.
Investors spending more than 6 years are still in learning phase and yet they are not earning money from tradings.
It really takes lot of time to learn this market so that to be successful investor as well.
In this post I will share some important points about how to avoid losing money in the crypto industry.
The first thing is to stop using leverage. You can do trading in future market but dont use leverage because it take all of your money.
You need to first learn about trading and when you get enough to it then you can start trading but with smaller margin.
Dollar cost averaging is another best method to avoid losing money. It will help you bring down your buying average where you can easily exit the market any time.
If you are holding your coins for the long run then its better to put your tokens in to a liquidity pool.
Staking is another best method to avoid loosing money. You can stake your coins which will give different APR's.
The last important point is that long term players always win. In every market long term holders are winner.
THANK YOU!
Posted Using InLeo Alpha