Post
Topic
Board Altcoin Discussion
What are the most popular mistakes in Altcoin trading?
by
Ifeakinola
on 16/08/2018, 19:54:57 UTC
If you’re trading and you come across a nice uptrend, your instinct is probably to go full-in on this amazing uptrend. Why? Look closely: good movement, great moving average indicators - and it’s curving almost exponentially, which means a massive & rapid increase in price. What could go wrong? Okay, a few minutes later! So lesson #1, never, ever buy a vertical uptrend, there’s ALWAYS a reversal. BUY THE DIPS, NOT THE SHOOTING STARS. Cryptocurrencies are highly volatile. Never invest more than you can afford to lose.