Money management first before profit
If you really want to be a successful investor on the cryptocurrency market , then you need to take money management as one of the major thing which you need as someone who is trading crypto..
Before you even think about profits , you should first of all think about how to secure your money and manage your money well, it is when you have money available that you can make profits on it..
If there is no money available for trading , how will you make profits?? So the risk management and money management is the first thing you should prioritize if you really want to go far in the crypto investment industry...
The sad thing is that some people put profits first before thinking about money management , they focus more on how much they want to make and then do not care about how they can protect their account from loss incase if the market goes against them...
Always know that the crypto market is not 100% risk free, so whatever you do on the market , there are risks existing there and so that means anything can happen on the market , and so that is why you need to always prepare for the worse by making sure you have a strategy in place which will help you to prevent total loss of your investment..
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