1. Educate Yourself – Knowledge is Power

There’s no shortcut, bro/sis. If you want to make money from crypto or become a skilled trader, you must start with knowledge. No matter how much capital you have, without the right knowledge, you’ll likely lose it entirely for no good reason.

In this space, knowledge is the key aspect, so it’s essential to study, learn, and understand how crypto works before putting your money in. Education gives you peace of mind and confidence in your decisions of trading.

2. Set Concrete Goals – Be Clear About What You Want.

Your emotions influence 80–90% of your decisions in crypto. That’s why it’s crucial to set clear, personal goals. Whether you want to trade long-term or flip trades for short-term, define your path and stick to it. Goals keep you focused, disciplined, and emotionally balanced during market highs and lows.

3. Build a Trading Plan – Your Personal Blueprint

Every successful trader has a trading plan. This is your personal strategy guide on when to trade, what to trade, and how to react in certain market conditions.

For example, I only trade on specific times in a day, mostly at night till early morning and in the evening. I don’t just jump into trades because the market is moving. I observe their volume over time, and only enter when I see strong demand.

So, you need to create your own routine and strategy. This will protect you from emotional, impulsive decisions.

4. Use a Demo Account – Practice Without Risk

Before putting real money into trading, start with a demo account. Many exchanges offer this for beginners. It’s a safe space where you can practice using “fake money” without the risk of losing anything.

Demo trading builds your confidence and gives you practical experience—just like learning how to drive in an empty parking lot before hitting the highway.

5. P2P = Real Profits

Here’s the paramount important: a profit isn’t really yours until it hits your bank account. P2P (peer-to-peer) withdrawal is how you cash out and lock in your earnings.

A common mistake traders make is to win a trade and then immediately jump into another one—hoping to win again. But often, they lose not just their profit, but also their capital. Don’t fall into that trap. Take profits regularly. Withdraw when necessary.

Profit-taking is one of the strongest strategies I personally recommend. Missing the chance to take profits can hurt more than missing the perfect trade entry.