Post
Topic
Board Trading Discussion
Re: 5 mistakes every crypto trader should avoid
by
panganib999
on 07/11/2019, 17:41:52 UTC
That’s pretty simple: Patience. Don’t be afraid that you’re going to miss out on the next big thing. The crypto market is constantly growing and changing and there’s more than enough investment and trade to go around for everyone. Don’t invest in altcoins that you aren’t sure about, don’t give into FOMO, and don’t trade above your means.


Patience is the very key attribute a trader should have, the volatility of the coins, the market price, the unpredictable movements of chart, issues m, bullish and bearish trends are surely going to test a trader's patience. Although having knowledge is also essential, being someone who has knowledge alone but doesn't have enough patience could still result to losing and unsuccessful in trading. The need to make a very solid decision once they entered trading isn't possible without long patience.