Post
Topic
Board Altcoin Discussion
Re: The three biggest mistakes you should avoid
by
Uju4real
on 29/07/2019, 05:16:35 UTC

  • Panic Buy/Panic sell.
    In both cases, you will lose your money
  • Ignore Capital management.  
    If you ignore Capital management you will be gambler not trader
  • Following a signal Without risk assessment or stop loss.
    You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
    by this way you can set Your Own risk and know what you do.


I like the no 3 point there, you know this has been one of the fallout most people experience in Crypto. it has really made so many loose huge sum in Crypto. And I will also like to add

4- don't join a project or ICO simply because your friends are doing it, make due diligence to research a project before you can join