Post
Topic
Board Trading Discussion
Re: reasons for bad trading
by
Kelvinid
on 16/05/2021, 14:56:41 UTC
snipped...

I agree crypto is the most profitable right now compared to investing in other assets. But that doesn't mean other assets are bad, but when
compared to crypto I prefer crypto. Moreover, this year is the best year for investing in crypto, because almost all coins have managed to rise to ATH.
Then humans have a greedy nature and are never satisfied, I believe when we succeed in achieving the wealth we want. There must be a desire
to find new things that are much more profitable, the conclusion is that we all will not stop looking for ways to make money.

A good profit with higher risk. This is a thing that encourages people to come into crypto and make trades, and they'll think about there is an easy money in trading. But above all this profit, this will be the time to test their preparations and self-control which I believe that not all of them are having these things carried during their entry.

It is a common error I think? Or that somewhat we need to do the research first before joining trading to be aware of what we gonna do as this will be the reason why many traders failed and lose everything they have.