There are several things you can do to trade responsibly. Some things to consider are:
- Start small. If you're new to cryptocurrencies, it's best to start small. Decide on an amount that you are willing to put at risk (and potentially lose) and ensure you do not exceed this exposure.
- Be deliberate in your trading decision after researching and forming an informed opinion on a particular cryptocurrency, crypto-asset or token.
- Remember that no one knows where the price of any cryptocurrency, crypto-asset or token will be in an hour, day, year or any other time period. It is determined by the market forces of supply and demand. Keep this in mind whenever you hear forecasts about the price of a particular cryptocurrency, crypto-asset or token that may influence your trading decisions.