Trading Tips Series

1. Don't invest more than you can afford to lose

• Cryptocurrencies are highly volatile, which means their prices can rise and fall significantly in a very short period.

You may see huge profits in one day and lose a large part of your investment the next day.

Therefore, the money you invest should be "disposable" or "non-essential" for your daily life or your core financial goals (like rent, bills, education, emergency savings).

Investing money you need will put you under immense psychological pressure, which may lead you to make hasty and unwise decisions (like selling in a panic or buying out of fear of missing out).#CryptoIn401k #BitcoinSPACDeal