The crypto world is very complicated. Remember these 8 simple phrases; they will help you lose much less money.
1. Don't touch what you don't understand
Don't listen to others saying that a coin will make you rich and jump in without knowing what it's for. Isn't that just giving away your money?
2. Invest leftover money; losing it doesn't hurt
Use money you can afford to lose, like the money set aside for dinner. Never borrow or take out a loan to invest in crypto, or you won't be able to sleep.
3. Take profits, secure what you have
If you've made money, remember to withdraw your princip