Mistakes that make people poor in crypto

[desanti]

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.

Yes that's true with what you say that to trade in the world of cryptococrancy we need patience and also a long enough time to wait, because with enough patience and experience, why do many of them sell their assets because they panic and are also afraid of continuous decline in prices. But for prices to rise and fall, I think that's a natural thing in the world of commerce.

[bubblebubble]

Right, initially I regreted many times, but now I lernt to wait and read a lot before any action.
It's very important that everyone knows deeply the project and manage the real value of it.

[Dukinos]

It is too incorrect to talk about poverty, because with insufficient Deposit and its control, there is a chance of losing everything.

[Pope]

Poor money management is the main reason for this. If a person controls his money, he cannot become poor.

[Faell]

Poor are only those people who came initially without any history in this industry and did not know anything.

[karateka]

Any mistakes are not justified by the experience that people get in the degree of work in this industry and if they become poor, then not everything was good.

[hermae]

I definitely agree with this. Being impatient not just to cryptocurrency, but to everything really leads us no good. So being patient with regards to the market price especially that it is very volatile will help us not to commit decisions that we can regret.

[May]

It is very important for everyone to know the project in depth and manage the true value of the project. Initially I regretted it many times, but now I wait and read a lot before any action.

[Mikam]

I think Cryptocurrency is one of the most unpredictable markets. Up and down continues to occur. One hundred-dollar coin can fall up to a few cents in seconds. So from this fear arises and people become impatient and agitated when they find that their assets lose their price and they sell at lower prices.

[Asebaby]

Sure impatient is a point of losses to investors,when some coins appreciate investors also still want to hold for a long time and losing come when the coin loss value.

[JaymondStark]

investing into a coin without even searching it for a bit. And worse is investing huge amounts to coins without making any search. Do not do that.

[bubblebubble]

I think Cryptocurrency is one of the most unpredictable markets. Up and down continues to occur. One hundred-dollar coin can fall up to a few cents in seconds. So from this fear arises and people become impatient and agitated when they find that their assets lose their price and they sell at lower prices.

We can also state that these sentiments are originated by unconsciousness and incompetence.
Because for all that know the market difficult situations are normal ones.

[Lanirex]

This is very true, playing Cryptocurrency we must be patient and be careful when deciding something. The value of Cryptocurrency is very fluctuating, if we go wrong we can lose everything. this is where knowledge, knowledge and patience are needed. When we buy a coin at a high price, and suddenly the coin goes down, we cannot immediately sell the coin, if we don't want to lose our money.

[Noni]

yes mistakes that often occur are impatience and minimal knowledge of market movements whose movements are difficult to predict

[cashbit]

It will be dangerous when people don't be patience in crypto business. They will lose everything and can not be successful to invest or trade. It is a must for traders or investors to be more patience in order to get best decisions.