if you want, not to lose a penny first of all,
don't believe in signals and predictions. the prediction mean prediction not confirm news,
don't invest in unknown and new projects.
always invest in known coins like SOL, ETH, XRP, DOGE, AVAX, MATIC, (and those whom you are personally analysing.
crypto is trillion $ field but you are not gonna millionaire next week or next month trade with minimum budget and leverage. earn little but daily.
if you open a short or long trade worth 30$ keep at least 150$ more in order to save the above 30$.
as compare to long trade the short trade needs more funds to avoid liquidation.
don't apply SL in confusion most of the times when a SL is triggered then market goes to the opposite direction you might have experienced.
once a trade enters green zone then you can put a SL it means that you have book no loss may be few $ profit.
always open a trade when you're mentally and physically free and ok.
when there is only green candles don't be trapped it can go anywhere up or down. so in confusion you can make a mistake.
before opening any sort of trade first look at the major coin $BTC and $ETH that how are they performing.
don't open more trades at a time if you have enough funds then you can do so,
suppose you open a long on XRP and you invested 50$ and entry price is 0.51 and liquidation is 0.40 then add more funds till the liquidation decrease UpTo 20 to 25 cents. If the price goes up it's ok but it came down and down to 45,46 cents and the whole market started again green movement the again invest 20,25 your entry will also be decrease and the liquidation will also not be disturbed alot if your leverage is 6× or 7×.
following this method for last 2 weeks Alhamdulillah, I haven't Lost 1 cent, and earned about 700$.
always use TP near to entry price not so long, the market can go opposite to your choice in seconds, doesn't look at your target to be achieved. if you confirm small profits then you will safe from big losses.
once you earn small profit open another trade of a smaller amount then the previous.
