Even good crypto trading signals and investment strategies can lead to portfolio losses if the basic rules of money management are neglected. In addition to the basic rules that are typical for investing and trading any assets, the crypto space is characterized by a number of additional rules. Let’s consider both categories of recommendations.
Scarcity makes the store of value — gold or bitcoin — resistant to inflation. Therefore, bitcoin is often referred to as “digital gold”. Its total number will not exceed 21 million coins, which gives it an advantage over fiat currencies, the supply of which is unlimited.