Post
Topic
Board Trading Discussion
Re: 5 Big mistakes for a beginner in cryptocurrencies ✌
by
taxmanmt5
on 15/09/2018, 09:09:26 UTC
One more thing is FOMO when the price bull run and panic sell when the price on the bottom. FOMO is natural emotion and all newbies did it and finally they loss money, but learn from the pass  we can avoid FOMO and make better investment strategy.
FOMO is normal for someone who simply does not know much about how to really be trading the market and all they are always busy looking for is a moving train or a crashing plane.
This is the reason so many new traders always end up losing a lot of money just because they could not get all the knowledge they need on their own to be able to do it right and anyone who skips that part will never get anything good from trading except for them to lose all their funds in the process.


Always active and look the price chart. Also I am not sure about day trade. Since i myself do day trading and earning some profit. I know the profit isn't big but it is better than nothing.