"Any trading can be risky unless you understand the cryptocurrency market and the basic trading rules that many successful traders follow:
Do your research! Follow cryptocurrency influence's, blogs and articles which provide key points and insider tricks about how to maximize your profits. invest the money, that is extra for you. So that in case you lose it, it may not affect your lifestyle or activities.
Only invest what you can, don't be tempted to throw all your life savings in because profits are not guaranteed.
3. Trade a range of different coins rather than trading and investing heavily in only one cryptocurrency.
- Buy when a coin's price is low and sell when it is high! This is the basic rule of cryptocurrency trading.