Post
Topic
Board Trading Discussion
Re: What to avoid as a beginner in trading Bitcoin?
by
brandtalex
on 29/01/2021, 12:03:56 UTC
Starting out with cash..? Does journaling truly help ?
One of the most important thing you need to avoid when you're trading Bitcoin or any crypto is "Peer Pressure". Not marching to the beat of your own drum is one of the beginner mistakes every crypto trader should avoid. By the time enough people know about something for you to feel pressured to get involved it's already too late, the tipping point has already been reached. Sure, you may be able to ride a high for a few days or even a few weeks, but it's a good sign a bubble's about to burst when the people in your life who know nothing about crypto are talking to you about crypto.