Great advice! One thing that has helped me improve my trading and investing is taking a few moments to write up my reasons for buying the stock or cryptocurrency based on my research. If my reason for having no longer exists I sell it.
My portfolio asset includes speculative investments. This is a very small portion of the portfolio. This allows me to take a chance on some of the newer companies and coins. This allows me to take some high risks that offer high reward. But it also adheres to your first rule, never more than I can afford to lose.
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