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Author Topic: 6 Most Common Mistakes That New Bitcoin Traders Make  (Read 6002 times)

Offline wxxyrqa

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #30 on: February 09, 2021, 04:13:59 PM »
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.
One way or another, a person remains a person, since he is not able to learn only from his mistakes, since such situations happen very often. But in order to work effectively as a trader, a person must learn to use other people's mistakes for his own good.

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #30 on: February 09, 2021, 04:13:59 PM »

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Offline Dexzon

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #31 on: February 09, 2021, 05:20:56 PM »
I just realized that the op has nothing to say on this topic other than a bottom-up link to the article ::)
I realize that a trader's first mistake is the factor of panic and lack of time to be able to learn from price movements over time, making them suffer losses because they are impatient and easily carried away with emotions to sell when they see a coin is in a downward trend

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #32 on: February 10, 2021, 09:41:52 PM »
I just realized that the op has nothing to say on this topic other than a bottom-up link to the article ::)
I realize that a trader's first mistake is the factor of panic and lack of time to be able to learn from price movements over time, making them suffer losses because they are impatient and easily carried away with emotions to sell when they see a coin is in a downward trend
Lack and inability for patience has been a challenge to every traders in crypto especially the newbie but this particular is not just centered around noobs, it can happen to professional traders as well.
Watching your wallet or portfolio burning down in value can per so painful.
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Offline Fakhrulenclix

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #33 on: February 10, 2021, 11:27:33 PM »
Don't just put the link here, you should put your statement into your thread and remember to insert the reference link.. That's will be better than only put the link
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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #34 on: February 12, 2021, 11:35:16 PM »
The most common mistake of new traders is, their impatience is waiting for the price of the coin to rise when the price of the token they hold the price goes down. So they do CL and eventually cause the asset value to decrease.

Offline Arkann

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #35 on: February 13, 2021, 04:21:33 PM »
The most common mistake of new traders is, their impatience is waiting for the price of the coin to rise when the price of the token they hold the price goes down. So they do CL and eventually cause the asset value to decrease.
I believe that such actions are mainly due to the inexperience of the trader and due to the lack of certain knowledge. In order to trade successfully, you need to correctly prioritize and target, as well as follow every letter of the outlined plan. If the trader is already starting to worry, then the results will definitely be bad.

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #36 on: February 13, 2021, 04:48:30 PM »
Core mistake that traders make that i am aware of is mostly greed; as a trader you have to master the arts of trading emotions and not trade with emotions be it greed or fear.

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #36 on: February 13, 2021, 04:48:30 PM »


Offline sidik7

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Re: 6 Most Common Mistakes That New Bitcoin Traders Make
« Reply #37 on: February 13, 2021, 11:36:36 PM »
maybe the mistake of beginner traders is being carried away by the FOMO situation on a coin that is going up then don't pay attention to only making a purchase so that the loss is large enough to pay attention to the progress of the coin and its also important to pay attention to the value of the coins at the lowest moment and that's a point where we start for traders.
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