Trading in the crypto space isn't really a big secret. Those who make money often use the simplest methods, yet they manage to take all the profits they deserve. Beginners can start learning now and gradually find their way.

Remember these three strict rules; breaking any one of them could lead to significant losses:

**Rule 1: Never chase during an uptrend.** The market's most common trap is watching the coin price soar and getting itchy to buy. Instead, think the opposite — when others are greedy, that's when it's the most dangerous. True opportunities are during a downtrend; that's when you should dare to act and buy at good levels. This is the prudent approach.

**Rule 2: Don't play with leverage to push orders.** No need to elaborate — many people get liquidated directly because of this.

**Rule 3: Don't bet your entire assets.** The consequences of full position are especially severe — you'll be completely led by the market and unable to move. New opportunities emerge every day in the crypto market. If you're fully invested, you can't do anything, and the opportunity cost is outrageously high, causing you to miss better opportunities for strategic positioning.

Plus, remember these six key trading principles. Keep them in mind, and you'll avoid nearly 80% of common pitfalls.