When it comes to trading, you need to mitigate your risk if you are going to stay in the game for a long-time, especially if you're using leverage.

1) Trade against Bitcoin.

If you are long a crypto and think it's going to go vastly higher, short bitcoin while you're doing it. All cryptocurrencies are pegged to bitcoin so when bitcoin takes a nosedive they're going to do the same.

2) When an investment doubles, sell half.

When you operate this prudent strategy of pulling back out all of your original investment you stand the best chance of really making some serious money.

Here's why.

When you have 100% of your principal, you become less emotional with the remainder. The reason why rich people become fabulously rich as time goes on because they make investments but aren't checking it on an hourly, daily, or even weekly basis. Trust your original due diligence and let it ride.

3) Trade with Baskets

Find two projects that you love and two that you think are absolute sludge then go long the good ones and short the bad ones. If you're right in a big way in even 1/4 then your ROI will do well and your 3 other positions will be well collateralized to play our your estimation and ultimately, hopefully, go to the moon or cash and burn, whichever way you were hoping they would.

These investment tips have served me in good stead over the years and hopefully will do the same for you as well.