Newbies can only make a profit in the crypto world if they...

If you don't have much capital and want to make money in the crypto world, there's a simple method that can allow you to keep earning.
As long as you master this method, you can earn an additional 3%-10% on subsequent trades.
Here, I will share with you the insights I've gained from my experiences over the past few years.
1. Don't be greedy, start with one or two coins to play with.
The virtual currencies in the crypto world are as numerous as the stars, with dozens or even hundreds of types available. However, as small retail investors, our energy is limited and we don't have much money. We should not think about trading in everything; it's best to focus on 1-2 coins, and at most 3.
2. When the prices are skyrocketing and plummeting fiercely, don't act rashly.
When the market is soaring, do you feel like this coin is going to double, and all you can think about is quickly putting in money to buy, buy, buy? Conversely, when the market crashes, you feel like it's all over and you need to sell quickly! In such times, it's easy to make foolish decisions in a panic. I suggest that when the fluctuations are too wild, don't act; calm down and reassess.
3. Don't invest all your money, keep a steady mindset.
When trading coins, don't go all in; it's best to keep 30%-50% of your funds on hand. This way, if the price drops, you can buy more, and if it rises, you can add some coins. If you invest too much, you'll be happy when the price goes up, but panic when it drops. Once your mindset collapses, all decisions will be distorted; give yourself some leeway.
4. Earn enough and run, don't be greedy, accept the losses.
When trading coins, you need to set a goal for yourself, such as selling after making 20%, regardless of whether it goes up further. Many people just want to make a little more, and as a result, they end up getting trapped. Greed is human nature, and you need to control yourself. The same goes for losses; set a bottom line, for example, cut losses at 10%, and don’t hold on stubbornly. Many trading platforms allow you to set automatic buy and sell orders, so set a price and let the computer handle it, instead of relying on your shaky hands to make decisions.
5. Learn some technology, don't rely on what others say for everything.
Many people in the crypto world do not come from a financial background; they might be programmers or gamers who want to make some money but know nothing. Instead of listening to others ramble on, it's better to spend a few days learning technical analysis, such as looking at candlesticks and moving averages. Having a solid understanding is better than anything else.
6. Take it slow, don't go all in or liquidate everything.
Whether buying or selling, don't put everything in at once. For example, if you want to buy 10 bitcoins, split it into 5 purchases, and complete it in an hour, or spread it out over a few days. This way, the risk is smaller, and you won't crash yourself due to impulsiveness. Steady and solid progress is the way for the long term.
Finally: In the crypto world, the biggest fear is being driven by emotions. Making decisions with your own mind is the key to making money.