đą Tips to Help You Trade Crypto Responsibly
Trading cryptocurrencies responsibly requires you to manage multiple aspects of your trading behavior. It doesnât start and end with the buy or sell button. Try and incorporate as many of the tips below as possible into your routine. It might seem like a lot of advice, but they will help to improve your trading skills.
đąSecure your trading account and wallet
đBefore you even start trading, the best thing you can do is secure your account. No matter how responsibly you plan your trades, itâs worthless if your funds, account, and password are compromised. There are multiple ways to do this, including using two-factor authentication (2FA), creating a strong password, and whitelisting withdrawal addresses.
If you also use an external cryptocurrency wallet, the same rules apply to your private key. You should never share your private key or seed phrase with others, just like your bank account details.
