6 Most Common Mistakes That New Bitcoin Traders Make

[Nostoman]

i think much helpful if you write it all the info here not only the link bro. 

Yes, i agree with you.

[Abubakar56]

One of the mistakes newbie make when trading is not knowing when to leave the market, fomo, not knowing the best time to buy a coin and sell a coin.

[Sammy9ce]

It is better to also give an explanation on this thread, not only giving a link to be read. It is better to give a summary of the article at least it si about what to have or sell. In this case, newbies and also older members may have their own time to buy crypto. But here, before investing, we must learn them at first

Thanks for this
Not everyone has that time to open a new tap to read the article at least he should have dropped a little explanation or drop a summary.

[emmybd]

Most of these new traders are impatient and they want quick profits, which is not possible. They have primarily entered the market for this purpose. They lack knowledge and experience in this field, so they fail.

[Duckenth]

Most of these new traders are impatient and they want quick profits, which is not possible. They have primarily entered the market for this purpose. They lack knowledge and experience in this field, so they fail.

And it was me, very in a hurry to make decisions and want to make big profits fast. And that actually makes me lose when trading, it looks like high flying hours or experience are really needed in trading Cryptocurrency.

[sky20]

I just want to share some key points those are the common mistakes which are generally occurred.

1. Not expecting the unexpected, 
2. Not keeping track of relevant news releases – denying the importance of news
3. Not being prepared
4. Failing to adapt to changing markets
5. Not understanding the difference between long term and short term perspective
6 .Not using a trading journal
Those are the common mistakes so we should avoid it.
 

[H2O]

Actually in cryptocurrencies market a little knowledge is a dangerous thing. In cryptocurrencies market, trading and investing actually depends on market situations and signals. More greedy, lack of knowledge, communication and shit coin holding is the main mistakes of cryptocurrencies .

[msz900]

The most common mistake is greed and doing things in the crypto world without knowledge. Cryptocurrency is considered a game, joke or some funny act by new users and that's the reason they always fail and disappointed.

[Amir77]

It stresses me out by knowing that many people quickly jump to investing in Bitcoin without actually studying it first. yes, it may have a high value but there is so much more to it that should be learned before it should actually be invested in. It's worth it, really, especially if you studied about it first.

[nelson4lov]

I think @superstarsp needs to write or explain it in his own way in OP. You can't share the link only without explain it to others. It is a bad way if you just share the soure of the information only. We need to know first about your point of view realted to this issue. Then, all the members will appreciate what you have done.

I agree with you, this seems like a click bait just to get traffic to his site, telling us to visit his site in other to see the article he should have just posted right here  , it would been better if he posted it right here, cause I believe it would have been really helpful to newbie traders, sadly they have click the link to find out.

[Coin63@]

What are the mistakes?

More greedyness is the most aggressive bad habits in cryptocurrencies trading. When we bought a token with buy orders or any others order, we hold it for getting more and more Profits. So finally it's turns into shit projects then we got nothing.

[maicodon]

In my opinion, the market is one HUGE smoke in mirrors right now.
Trade with caution and with some common sense. If you can't afford the risk, exit your positions and stake your assets with Oropocket for passive income. Check out OroPocket app on your app store or https://oropocket.com

[Abubakar56]

There are lot's of mistakes people That trade bitcoin make firstly; buying at the top and selling at low price people always buy coin at the top and selling at lost below due to panic or fear of the price dropping. Don't always fomo don't always jump to market when the coin is already pumping they might end up dumping on you. Don't always be gready always know when to sell off and take your profit. Always make sure you use stop lose is better to lose 10% of your fund than to lose 70%.

[EAA-ALLAH]

What are the mistakes?

A new trader don't control his greedyness. If he gets enough profits by investing any project , he should control his greedy to over profits.

[Bolopecah]

People made mistake and learn after that. It’s common and normal. I think mistake is the part of learning. So,  i can't hate mistake fully.