Mistakes that make people poor in crypto

[wawan96]

panic a major factor in the cause of poverty if trading in cryptocurrency as panic into destruction makes the loss all the money they have even if it is too eager to get a lot of money quickly likelihood it will lose money.

[Michael.sol]

I also believe that patients is always key of success , if we haven't patients then we will lost our fund in Trading .
We must wait Till Market didn't return to it's previous price .

[Jentot]

I also believe that patients is always key of success , if we haven't patients then we will lost our fund in Trading .
We must wait Till Market didn't return to it's previous price .

Sometime we need to sell our tokens, even if we don't want to, in this pandamic situation , Many people like me need money because of our daily needs.

[azmirihaque]

Absolutely right. Actually trading is a set of strategy. If you want to be a successful trader, you should know when to buy, when to sell, how the market behaves, what is going to occur in the market, in which stage price is staying, where may go it, where it was etc. You have to apply right strategy in right time. If you fail, you will loss your fund.

[mlawson71]

That advice applies to fiat trading too, it's universal, really.

[gourav787]

Yes , we should wait Till our coin didn't touch a good price in market , we should fixed our goals before invest in any coin . Never invest in coin becuase there is higher chance of dumping of that coin .

[Hometown]

Impatience is one of the trending factors that lead to losses in crypto. Due to impatience, many crypto investors sell their valuable coins at cheap prices and regret later when the market rises. It is always good to stay calm and wait patiently especially when the market goes down.

Some projects never bull run anyway, Mb8coin, wpp, mozox, stib, swace, etc already dead in state.

[ranaprime]

Very beginning of crypto trading every one should be determined. Most of us can't control our emotion. In crypto wrold decision making is one of the most important work. If you make mistake in trading you get lose. It's very simple.

[Rain075]

Holding Mb8coin in my computer is a biggest mistake that make more frustrated. Why I hodl mb8?