6 Most Common Mistakes That New Bitcoin Traders Make

[superstarsp]

TecTalk





6 Most Common Mistakes That New Bitcoin Traders Make


Are you thinking of getting started in the world of crypto trading? If so, make sure you avoid the most common mistakes.

[damsix]

I have read the article and it really reflects that the traders are very thirsty and greedy for profit or money.
Even though the profit or as little as 10 USD in Bitcoin trading is very high. So we have to choose these benefits as a meeting point so we don't get caught up in high prices.

Many greedy merchants end up losing the price of Bitcoin by buying altcoins at their peak !

[mlawson71]

What are the mistakes?

[cynthiaaddison]

Greediness, FOMOing in, buying high and selling low is the new normal for some traders

[alltalk]

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.

[Prime]

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

[Alter]

Many new traders hurry to invest or trading in Bitcoin. They still don't have enough knowledge or skills in investment or trading, they just know how to buy and then hold without any strategies. In my opinion, this is something wrong because you really invest in a careless way. You can have too high risks to fail in the investment.

[Master107]

Hello OP, you did great. But I recommend next time to include few backgrounds about the shared link to become more attractive and interactive topic to discuss. It helps a lot to every readers and possible to appreciate much your  thread.

[EthereumDev_]

I think this is very important information for new traders so that it can make them learn very important lessons so they don't make that mistake again.

[Abubakar56]

There are lots of mistake been made by new traders for example not know much about the coin they are buying Greediness, FOMOing in, buying high and selling low is the new normal for some traders.

[Piku]

I still don't understand some of the details. But you need to give more details here. Then I think all users will understand. You tell more details.

[edmundo]

Most new people in the space believe bitcoin and cryptocurrency generally is easy and a sure fire way to make money. Some get burnt in the process and then turn around to call the crypto space scam. All investments need some sort of knowledge and should strictly be treated as investments. Learn before you part away with your funds towards investment. That's the only way you win...

[Churphans]

What are the mistakes?

New traders, investors and holders don't control greediness. They buy at low prices but set orders far far more than buyorder hence he must get losses.

[Ronald]

There is no mistakes is written here but i can assume those things are the common mistakes for bitcoin traders. New bitcoin traders make their trade hurry up. In trade they don't think about the market condition. They don't care about the price chart. Most of the new bitcoin traders can not control their mind to trade in bitcoin.

[Cordillerabit]

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