Post
Topic
Board Economics
Re: Five common mistakes made by Bitcoin users
by
Layers318
on 20/09/2018, 00:43:07 UTC
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
Mistakes have caused several Bitcoin investors to lose great deal of money which most people regret till date. Another common mistake comes from impatience. This is where investors sell off their Bitcoin at cheap price due to a slight dip in price of Bitcoin. Bitcoin price shoot up later and these investor regret.