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NINE RULES OF CRYPTO TRADING 1. ONLY INVEST WHAT YOU CAN LOSE You need to have a big heart when you plan to invest in cryptocurrency as you must be in a position to digest this reality that the money spent in cryptocurrency is gone forever. This belief is going to keep you calm and would let you trade using your brain instead of your emotions. The loses do not only result from dips in the market but hacks, bugs, and government regulations remain the other important factors that can cause you harm. Therefore, you are advised to invest the money that you can afford to lose so always make a prudent decision after re-evaluating you current financial status. 2   ALWAYS PAY ATTENTION TO BITCOIN Since all the cryptocurrencies are closely pegged with Bitcoin, therefore, Bitcoin price directly impacts that of all the altcoins. If the Bitcoin price experiences a drastic hike, the price of altcoins go down because people look to exit altcoins to harvest the profit of Bitcoin. Si...

The growth in the cryptocurrency is undoubtedly encouraging more people to participate in it. Far from being just the passing fad that many tagged it to be in 2011, the market has emerged as one of the most popular in the financial space. With this influx of new traders and speculators, there seems to be a constant supply of newbies in the space. A big part of the learning experience are the mistakes that are made by these newbies while finding their feet. Some are hilarious while others can have devastating consequences. There is even a Reddit thread that chronicles some of the mistakes that crypto users have made over the years. It can be argued that the internet has created a culture that has greatly affected the way we do things. The ease of access to information means that it isn’t necessary to know something when you can just “Google” it when needed. The computer is now treated as the personal assistant that knows and does all things for us. With Bitcoin and cryptocurrencies, ...

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