My thoughts on cryptocurrency trading and investing - my general rules for success!

I. Buy low, sell high (sounds so obvious yet people don't do this for various reasons mostly do due emotional and irrational feelings about a particular crypto)
II. Do NOT allow emotions to govern your trading/investing
III. Fully plan out your targets, trades (buys and sells)
IV. D.Y.O.R. (Do Your Own Research) into a cryptocurrency including; researching and reading the white paper(s), evaluating the social media presence and activity, identifying the developers, and understanding the use case of the crypto, etc.
V. Depending on if you are a trader or investor follow the adage of "Buy the rumors, sell the news" *generally speaking
VI. Diversify your portfolio appropriately to mitigate risk and spread out capital
VII. Identify great coin valuations, use cases, technical adoptions, industry and business partnerships, i.e. atomic swaps, lightning network - "side-chains" and/or off-chain scalability solutions to reduce transaction times, lower fees, etc.
VIII. Secure your OWN private keys to control YOUR currencies via a hardware or paper wallet (do not leave your money on exchanges!)
IX. Use exchanges with low fees and good alt. coins to trade against/with
X. Take profits and have a well-established plan of entry, re-entry, exit, etc. Knowing the type of trader you are will help tremendously with the "when" of this rule for example scalp, swing, short, long, or investor.
XI. Scale into and out of positions and trades using appropriate risk management.
XII. Understand the market psychology such as the herd mentality, F.O.M.O. (Fear of Missing Out), F.U.D. (Fear Uncertainty, Doubt)
XIII. Utilize stop orders and limit orders to alleviate some risk. In addition, calculate a good risk to reward ratio that you are ok with (this typically with vary for each individual)
XIV. "Do NOT spend more than you can afford to lose!"
XV. Study and learn from investors/traders with more knowledge and experience than you. Be humble and open to learning from different viewpoints and perspectives so as to obtain a more clear picture of the current situation.
XVI. Learn for yourself how to "read the story" of a chart/graph including how to perform and comprehend technical analysis (T.A.)
XVII. "When others are fearful be greedy, when others are greedy be fearful" - loosely quoted from Warren Buffet
XVIII. Understand the cyclical nature of markets and what cycle the market is currently in.
XIX. Use the resources that are available to you as the internet is full of great content and material. For example, paper trade to test out if your strategy is profitable or not and adjust it accordingly. In addition, back test any and all strategies in order to obtain a good indication of what works and what does not work (remember not every trade will be profitable but entering high percentage trades that are statistically more probable to go in your favor will inevitably be more successful overtime).
-****I am not a financial adviser and this is only meant to be educational as this is what I have come to learn and understand about trading/investing in cryptocurrencies. I have made plenty of mistakes (and I still do) and I hope to pass on this information to others who are in need of it so as to avoid potential mistakes that are commonplace by traders.