This bad habit will cost you a lot in trading

[pieppiep]

You are right, we have to learn from mistakes in both trading and investing. I also tried several methods and strategies that I adjusted to market conditions. because everyone has a plan and strategy but sometimes we change it because of the fluctuating crypto market conditions.

We can't entirely give a total reliability on the market because it changes over the times and as trader devising a best trading strategies also really helps because it would safe at lot than jumping into any trade without proper analysis to know whether is trap or not. So it's important to adjust in a particular method of trading to another methods with the hope that it would yield profits to them while trading.

The market can change in a split second, which means we have to be prepared for such a situation, and the strategy we use in trading must also be adjusted to market conditions, do not force yourself to enter when analyzing and then the market changes.

Experience will be very useful in situations like this, because with experience we are able to make wiser decisions, this is why we have to learn from experience.

Experience is always the best and I will never despised experience and it's a great teacher, when trading we should always add experience together and correct our mistakes because with experience we would never go to what we have past, for instance if we noticed that our previous strategy is leading us to Lose we can easily make adjustments to a newer strategy while learning from the our past experience, therefore experience is what we must learned from and make our future corrections.

Agreed, Practical experience is a method of field learning that enhances human knowledge regarding expertise and competencies. In trading, the stock of experience ensures that the people trading can critically analyze the blunders and refine their staking techniques with an aim of avoiding such in future. When previous steps are reviewed, the process becomes easy to follow while the outcome improves constantly.

[satpol_PP]

We all know that attitude is a friend.  So we don't trade against it, if we trade against the trend, the risk increases.  A trader always understands the trend and plans according to it, we should trade the trend at the right time and not according to the trend.  Trading is not easy, but if you trade with patience and understand the trend, you will see good profit in it.

Right, Those who invest between trend and hype lose most of the time because hype starts in the market when everyone panics over it and starts investing.  And it doesn't last long.  Those who invest in the coin before the hype starts can gain because they sell their coins after the hype starts when the market price of that coin increases a lot.  So only those who are trading experts can predict in advance which coin may start hype.  And those who can analyze the market very well.  They are professional traders.  Trading is not an easy thing and not everyone is able to make good quality profits from it.

If we do not have the experience and time to analyze the projects that will be hype, we should choose to invest in top coins. Analyzing hype projects requires experience and if we are late in entering, we will likely get trapped and lose because usually hype projects will last quickly, unless the project is useful to the user.

[pieppiep]

We all know that attitude is a friend.  So we don't trade against it, if we trade against the trend, the risk increases.  A trader always understands the trend and plans according to it, we should trade the trend at the right time and not according to the trend.  Trading is not easy, but if you trade with patience and understand the trend, you will see good profit in it.

Right, Those who invest between trend and hype lose most of the time because hype starts in the market when everyone panics over it and starts investing.  And it doesn't last long.  Those who invest in the coin before the hype starts can gain because they sell their coins after the hype starts when the market price of that coin increases a lot.  So only those who are trading experts can predict in advance which coin may start hype.  And those who can analyze the market very well.  They are professional traders.  Trading is not an easy thing and not everyone is able to make good quality profits from it.

If we do not have the experience and time to analyze the projects that will be hype, we should choose to invest in top coins. Analyzing hype projects requires experience and if we are late in entering, we will likely get trapped and lose because usually hype projects will last quickly, unless the project is useful to the user.

What we have to be very cautious of is when we want to get involved in projects that are in the media a lot. As I mentioned earlier, with less practice it becomes somewhat hard to appreciate the consequences which are very much likely to occur when times is not on your side. As such, it is wiser if we invest in promising coins that already have a favorable track record. By so doing, we can minimize losses that are always associated with hype projects that may at most, take only a short duration. It is only projects that add value to the user side that normally stand a better chance at longevity.

[21Pilots]

We all know that attitude is a friend.  So we don't trade against it, if we trade against the trend, the risk increases.  A trader always understands the trend and plans according to it, we should trade the trend at the right time and not according to the trend.  Trading is not easy, but if you trade with patience and understand the trend, you will see good profit in it.

Right, Those who invest between trend and hype lose most of the time because hype starts in the market when everyone panics over it and starts investing.  And it doesn't last long.  Those who invest in the coin before the hype starts can gain because they sell their coins after the hype starts when the market price of that coin increases a lot.  So only those who are trading experts can predict in advance which coin may start hype.  And those who can analyze the market very well.  They are professional traders.  Trading is not an easy thing and not everyone is able to make good quality profits from it.

If we do not have the experience and time to analyze the projects that will be hype, we should choose to invest in top coins. Analyzing hype projects requires experience and if we are late in entering, we will likely get trapped and lose because usually hype projects will last quickly, unless the project is useful to the user.

For now, it is better to avoid putting our bets on risky major coins or newly launched project coins if we are not familiar enough with the current trends. It is important to know that most popular projects come with high risk – more especially when one decides to venture into the project late.

Probably, that is why it is wiser not to interfere with the circulation of established coins – this can minimize the losses. We only require certain that each move that we make is consistent with our investment objectives in the future.

[Gita]

Practically every person has different thoughts. Trading method is also different. One can get good returns in short term. Similarly short term investment proves to be profitable. Trading in current market price fluctuations.  It becomes difficult to do, because it increases the risk, so one should be careful. If we trade without understanding the trend, we have to suffer losses in the trade. If the decisions are taken according to the market price condition and at the right time, we get profit in the trade. But in all, be careful.  It is necessary to stay.

[LUCKMCFLY]

Experience is always the best and I will never despised experience and it's a great teacher, when trading we should always add experience together and correct our mistakes because with experience we would never go to what we have past, for instance if we noticed that our previous strategy is leading us to Lose we can easily make adjustments to a newer strategy while learning from the our past experience, therefore experience is what we must learned from and make our future corrections.

I agree with what you say, like a week ago I was trading, but I made one of the biggest mistakes that can be made in trading, it is trading quickly and looking for quick profits, that led me to lose, well to be specific, 10usd and it is something that affected me because I lost them in a very stupid way, just by not seeing well and waiting, sometimes it takes me an analysis of around 30 minutes to achieve a successful operation in more or less 2 or 3 minutes , but I don't know, I was confused and wanted to do things quickly and I lost like crazy, so that mistake sometimes does not happen, in trading patience and waiting to see the best entry is everything.

[SmartGold01]

Experience is always the best and I will never despised experience and it's a great teacher, when trading we should always add experience together and correct our mistakes because with experience we would never go to what we have past, for instance if we noticed that our previous strategy is leading us to Lose we can easily make adjustments to a newer strategy while learning from the our past experience, therefore experience is what we must learned from and make our future corrections.

I agree with what you say, like a week ago I was trading, but I made one of the biggest mistakes that can be made in trading, it is trading quickly and looking for quick profits, that led me to lose, well to be specific, 10usd and it is something that affected me because I lost them in a very stupid way, just by not seeing well and waiting, sometimes it takes me an analysis of around 30 minutes to achieve a successful operation in more or less 2 or 3 minutes , but I don't know, I was confused and wanted to do things quickly and I lost like crazy, so that mistake sometimes does not happen, in trading patience and waiting to see the best entry is everything.

It is something common in trading and we must experience loser, do I say is something natural that regularly occur while trading and anyone who does not know how to manage their trade or do proper analysis would definitely loss while trading. Lose even mostly happens to reputable traders because if they do any wrong analysis it would result losing big time.

[ajiz138]

The market can change in a split second, which means we have to be prepared for such a situation, and the strategy we use in trading must also be adjusted to market conditions, do not force yourself to enter when analyzing and then the market changes.

Experience will be very useful in situations like this, because with experience we are able to make wiser decisions, this is why we have to learn from experience.

Experience is always the best and I will never despised experience and it's a great teacher, when trading we should always add experience together and correct our mistakes because with experience we would never go to what we have past, for instance if we noticed that our previous strategy is leading us to Lose we can easily make adjustments to a newer strategy while learning from the our past experience, therefore experience is what we must learned from and make our future corrections.

Evaluation of the strategy that makes us feel a loss must be done every time, even when our strategy is running well and bringing profit, we must continue to evaluate to make the strategy we use more optimal.

In this case, we must not be lazy to continue learning, because if we are lazy, then when we feel the benefits of using a certain strategy it will make us lose in the future because we do not perfect the strategy we do.

[Crypto Library]

Practically every person has different thoughts. Trading method is also different. One can get good returns in short term. Similarly short term investment proves to be profitable. Trading in current market price fluctuations.  It becomes difficult to do, because it increases the risk, so one should be careful. If we trade without understanding the trend, we have to suffer losses in the trade. If the decisions are taken according to the market price condition and at the right time, we get profit in the trade. But in all, be careful.  It is necessary to stay.

If we choose the top coin by marketcap then bitcoin in the top and second one is Ethereum and then BNB and then Solana then XRP then we saw the Dogescoin.
And one more thing it is not really easy to earn money by only investing on the top cryptocurrencies you have you must be know the analysis skills like the fundamental analysis and the technical analysis otherwise you won't be able to see profit.

[malah]

Practically every person has different thoughts. Trading method is also different. One can get good returns in short term. Similarly short term investment proves to be profitable. Trading in current market price fluctuations.  It becomes difficult to do, because it increases the risk, so one should be careful. If we trade without understanding the trend, we have to suffer losses in the trade. If the decisions are taken according to the market price condition and at the right time, we get profit in the trade. But in all, be careful.  It is necessary to stay.

If we choose the top coin by marketcap then bitcoin in the top and second one is Ethereum and then BNB and then Solana then XRP then we saw the Dogescoin.
And one more thing it is not really easy to earn money by only investing on the top cryptocurrencies you have you must be know the analysis skills like the fundamental analysis and the technical analysis otherwise you won't be able to see profit.

Selecting large-cap tokens like what you mentioned is good advice in the world of crypto investment, but to get the maximum profits more efforts are needed. We have to be able to analyze economically, technically, and even emotionally analyzing possible influence of market moods, the possibilities of certain technologies, etc. From these two aspects, continued reading of the market signals, sensitivity to changes, and better investment decisions will be made, so that the probability of profit making is higher.

[milewilda]

Practically every person has different thoughts. Trading method is also different. One can get good returns in short term. Similarly short term investment proves to be profitable. Trading in current market price fluctuations.  It becomes difficult to do, because it increases the risk, so one should be careful. If we trade without understanding the trend, we have to suffer losses in the trade. If the decisions are taken according to the market price condition and at the right time, we get profit in the trade. But in all, be careful.  It is necessary to stay.

If we choose the top coin by marketcap then bitcoin in the top and second one is Ethereum and then BNB and then Solana then XRP then we saw the Dogescoin.
And one more thing it is not really easy to earn money by only investing on the top cryptocurrencies you have you must be know the analysis skills like the fundamental analysis and the technical analysis otherwise you won't be able to see profit.

Selecting large-cap tokens like what you mentioned is good advice in the world of crypto investment, but to get the maximum profits more efforts are needed. We have to be able to analyze economically, technically, and even emotionally analyzing possible influence of market moods, the possibilities of certain technologies, etc. From these two aspects, continued reading of the market signals, sensitivity to changes, and better investment decisions will be made, so that the probability of profit making is higher.

There are people who can be able to handle up such risks and thats why they do really tend to engage into those tokens/coins which does have that smaller marketcaps on which they do really want to have that potential profits on which it is really that way more than on what they could earn on big cap coins which it s really understandable. If you can be able to handle up such risks then go ahead but if you do really like to have at least on sticking into more secure (but not guaranteed) thing then you will go into those established old coins, but if you are a risk
taker then you will definitely go into the other side of things.

[rizqillah]

Practically every person has different thoughts. Trading method is also different. One can get good returns in short term. Similarly short term investment proves to be profitable. Trading in current market price fluctuations.  It becomes difficult to do, because it increases the risk, so one should be careful. If we trade without understanding the trend, we have to suffer losses in the trade. If the decisions are taken according to the market price condition and at the right time, we get profit in the trade. But in all, be careful.  It is necessary to stay.

If we choose the top coin by marketcap then bitcoin in the top and second one is Ethereum and then BNB and then Solana then XRP then we saw the Dogescoin.
And one more thing it is not really easy to earn money by only investing on the top cryptocurrencies you have you must be know the analysis skills like the fundamental analysis and the technical analysis otherwise you won't be able to see profit.

Selecting large-cap tokens like what you mentioned is good advice in the world of crypto investment, but to get the maximum profits more efforts are needed. We have to be able to analyze economically, technically, and even emotionally analyzing possible influence of market moods, the possibilities of certain technologies, etc. From these two aspects, continued reading of the market signals, sensitivity to changes, and better investment decisions will be made, so that the probability of profit making is higher.

There are people who can be able to handle up such risks and thats why they do really tend to engage into those tokens/coins which does have that smaller marketcaps on which they do really want to have that potential profits on which it is really that way more than on what they could earn on big cap coins which it s really understandable. If you can be able to handle up such risks then go ahead but if you do really like to have at least on sticking into more secure (but not guaranteed) thing then you will go into those established old coins, but if you are a risk
taker then you will definitely go into the other side of things.

risk management is very much needed in investment, I choose old coins as my investment priority but I also invest in new coins to diversify my investment. because new coins provide greater profits but we must understand the risks that's why proper risk management is needed in managing our crypto assets.

[doc]

Practically every person has different thoughts. Trading method is also different. One can get good returns in short term. Similarly short term investment proves to be profitable. Trading in current market price fluctuations.  It becomes difficult to do, because it increases the risk, so one should be careful. If we trade without understanding the trend, we have to suffer losses in the trade. If the decisions are taken according to the market price condition and at the right time, we get profit in the trade. But in all, be careful.  It is necessary to stay.

If we choose the top coin by marketcap then bitcoin in the top and second one is Ethereum and then BNB and then Solana then XRP then we saw the Dogescoin.
And one more thing it is not really easy to earn money by only investing on the top cryptocurrencies you have you must be know the analysis skills like the fundamental analysis and the technical analysis otherwise you won't be able to see profit.

Selecting large-cap tokens like what you mentioned is good advice in the world of crypto investment, but to get the maximum profits more efforts are needed. We have to be able to analyze economically, technically, and even emotionally analyzing possible influence of market moods, the possibilities of certain technologies, etc. From these two aspects, continued reading of the market signals, sensitivity to changes, and better investment decisions will be made, so that the probability of profit making is higher.

There are people who can be able to handle up such risks and thats why they do really tend to engage into those tokens/coins which does have that smaller marketcaps on which they do really want to have that potential profits on which it is really that way more than on what they could earn on big cap coins which it s really understandable. If you can be able to handle up such risks then go ahead but if you do really like to have at least on sticking into more secure (but not guaranteed) thing then you will go into those established old coins, but if you are a risk
taker then you will definitely go into the other side of things.

Small cap coins will be more profitable for trading because of high volatility but the risk is greater, I agree with you if we can handle the risk with proper research and analysis we can trade with coins that have high volatility but if we want to be safe even though we get smaller profits, we can choose old coins for investment.

[Crypto Library]

Selecting large-cap tokens like what you mentioned is good advice in the world of crypto investment, but to get the maximum profits more efforts are needed. We have to be able to analyze economically, technically, and even emotionally analyzing possible influence of market moods, the possibilities of certain technologies, etc. From these two aspects, continued reading of the market signals, sensitivity to changes, and better investment decisions will be made, so that the probability of profit making is higher.

I have also mentioned that in my post because it is true that large market cap coins are more trustable for investing but even then they have the risk because large-market cap don't remove their volatility so that they have also risk of losses. And that is the reason I have also said even then they have large marketcap and place on the top rank we must need the analysis skill for having the profit from the trading.

[LUCKMCFLY]

It is something common in trading and we must experience loser, do I say is something natural that regularly occur while trading and anyone who does not know how to manage their trade or do proper analysis would definitely loss while trading. Lose even mostly happens to reputable traders because if they do any wrong analysis it would result losing big time.

It is very true, without going too far, this week I experienced a loss that has been difficult for me to recover from, the truth is that I made many mistakes at once and that made me angry with myself, because I fell into that error of "I think this will happen" and by doing that and making operations without foundation, I lost a lot, and that is something that is difficult for me to receive again, so I determined that if I last approximately 40 minutes and I make 1 good operation, then I leave it for now, and if I see that I am trading and I don't see anything, then I go to another time during the day.