Trading Crypto For Newbies

I'm trading cryptocurrencies for a year and during a year I've made lots of trading mistakes, learned lots of new things, made a profit, lost some money and I'm writing this article for newbies who's new to cryptocurrency world and wants to trade cryptocurrencies. My first advice would be that choose the exchange carefully because there are lots of scammy or unsecure exchanges where you can lose all of your trading capital. Second advice is don't buy hyped coins especially if they are in their all time high prices. In crypto space there are thousands of pump and dumps every day if you can manage to buy a coin before pump then it's great but never forget to take profit. There are times when you feel greedy and wait for more and instead of taking profit you just wait for more profit but instead of pump dump happens. Always put stop losses. All experienced trades put stop losses to make their trades less risky. It's especially important in bear market because coin can lose half of their value in just a few hours.
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