Before you go further, here's the standard disclaimer👇

The Standard Disclaimer: Cryptocurrencies are highly volatile. Never invest more than you can afford to lose. This post contains personal opinions only and not financial advice. I take no responsibility for any financial decisions that you make.

1. Buy the dips. 

The problem is knowing if it’s a dip or a larger downtrend. Most crypto has a natural peak & bottom typically daily. If you time it right, you can hit the daily trend and sometimes make 20%.

There could sometimes be exceptions, so be careful. These trends can change without notice, and you can lose money if you’re not paying attention!

2. Don’t chase breakouts. 

So you’re in your exchange, surfing trends — and BAM! You see one skyrocketing. Your natural impulse is to buy this shooting star. Then 2 seconds later, it crashes & takes you with it.

I’ve lost a LOT chasing breakouts. I’ve had to train myself to fight the impulse to buy when I see a fast mover on its way up. You CAN learn how to read the signals and buy breakouts with about 75% confidence, but it takes a lot of practice. Remember, when they peak fast, they crash even quicker. This has cost me a lot.

3. Never Buy Peaks. 

If you absolutely can’t resist the urge to buy a coin that’s increasing in value, at the very least, never accept when the green line is close to vertical.

I don’t know why this happens, but that vertical green line almost always happens right before a reversal, and the coin comes crashing down. If you’re already in a coin on its way up, try to sell right before it goes vertical. Yes, you may miss up to a 1% increase in those final seconds, but keep in mind that if you hold too long & it dumps, then you can lose a lot more than you’ll gain by hanging on too long.

Culled from 11 Crypto Tips I Stole From Tim Ventura