Mistakes that make people poor in crypto

[FinTech]

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.

actually there are a lot of mistakes some people in crypto, for example like FOMO and also greedy also cause losses, trade without using analysis, of course also see the market trend. In some cases, bearish causes technical analysis to be in vain

[smolyc]

It is common for people to make mistakes, so that they would not be in a cryptocurrency it is important to be able to wait patiently and never panic.

[TERENCIO]

The greatest mistake that people made in crypto is their mindset that crypto is a get rich and if does not go in their direction then they will sell at lose and spread FUD.

[Bruks]

usually the problem is those who trade in panic conditions and cannot control their patience so that traders make mistakes.

yes right, when you hold a cryptocurrency, then you must always be careful. theft and fraud is most likely to occur in cryptocurrency. and no one is responsible for the loss you receive when all that happens to you. of all that, you also have to know that greed can also make you poor. for example, you want big profits and you put all the assets you have in cryptocurrency, and that is very risky for yourself

[coinlurker]

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.

Impatience might be one of the factor but always being patience is not a very good thing also. I often hear from my friend exit and enter the market with a strategy and not just based on the price market is always running ahead of you, you will not be able to win the market just get what you can and leave the market. 

[Sentinel]

in the world of cryptocurrency we must learn to be more patient and careful. if we panic then we will get a big loss. we know that in the world of cryptocurrency there are many risks that can be obtained if we are not careful.

[bitpation]

besides providing the benefits, the world of cryptocurrency is also risky. therefore we must be able to learn to be more patient and careful in doing things. don't let us make a mistake that will make us get a big loss in going forward.

[bubblebubble]

I agree with you but this is the case of a bullish market.

Indeed, the selling in a bear market makes you happy because in any case all go down.

[chapcha]

something that is done in a hurry and not careful then it will be risky. we know that in the world of cryptocurrency we have to be more careful. if we want success, we must be more patient and careful.

[indexx]

Patience is something that is crucial to determine whether someone will be successful or fail, especially in investment. If we are greedy and impatience, these will lead to failure in reaching the goal.   

[MUGNIA]

agree with you to be patient if you want to benefit from our investment,

[PhiliPPs]

In fact, the mistakes that people make a lot, and I think the main one is not impatience, but rather panic.  Because only in a panic, people begin to lose their heads and do not quite reasonable actions!

[sampoerna]

it is true that impatience will make us get a loss. in the world of cryptocurrency, we must be able to understand the crypto market well so that we can determine the right time to sell or buy crypto. patience is the most important key where if we can be patient then we will get the good results too.

[PRIBO247]

Aside from impatience, the other one is ignorance. People easily gets hyped or fomo'ed because they just rely on other people's opinion and not do reading on their own.

Too true. People feel too lazy to do their own investigation choosing rather to rely on the hype or predictions of others.

[therozaq]

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 I agree mate.  Mistakes that make people poor in crypto currency.  We must be carreful and used smart strategy and analysis.