Quote from: jatin729 on August 07, 2018, 04:28:54 PM

Quote from: jony35490 on June 15, 2018, 03:44:00 PM

10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING Wink

LET'S START Cool

1/ Don't be so greedy,as something is better than nothing.If you get 10% profit then try to sell out and exit.Otherwise you will lose all your money if you want more than 10%.

2/ Never buy altcoins when bitcoin price is unstoppable.

3/ Never invest your all money in one coin you must diversity.

4/ Don't sell your coins at loss,don't get into panic sale.Because if you brought protensial coin, then don't sell your coin if it dump.Because it will grow again after some days.

5.Never invest all btc in altcoins keep some btc in wallet for right time.If you like one coin most,don't invest your all money on this coin.Keep some btc for right time.

6/ Always make your portfolio, decide part if short and long time.

7/ Don't sale your long term coins at panic sale.You should hold your long term coins for 1 or 2 years.

8/ Don't do trading with your emotions keep them aside.

9/ Don't do day trading without proper knowledge.Before learning day trading don't go for it.Otherwise you will lose your all money.

10/ Never buy coins at their all time high price.Don't buy coin at their high price, wait for dump and buy at deep.

Guys if you follow this 10 strategy, then I'm sure you will be safe from losses. Cheesy

Yes i totally agree with your all given points and it was well explained, But i observed when price of any coin drop people do panic selling which is really bad mistake.
ratio of panic sellers are very high as compare to people who have bought currency when price suddenly drop.

I think this is the most common mistake that people always do.If you always end up panic selling,maybe you're not really destined to be a good trader.A trader must have to overcome his weakness,and that is his emotional fears.Believe me you can never gain huge profits if you always play safely and afraid of taking risks.