One of the big mistakes that i see new traders do is they immediately jump into trading high volatile low currencies and they end up not having the attention or the time to concentrate, where they should be going for much more reliable and flexible trades, like bitcoin or Ethereum where the price are constantly changing and you can make some good profit from it if you make the right decisions at the right time.
They see it from others that it's more rewarding.
That is the reason why they choose to trade those type of cryptocurrencies because they're mostly being hyped. They trade without the foundational knowledge that they need as a trader.
And when they experience how hard it is, they learn from it but with a pair of losses.
When you do make yourself get caught on the hype then you would really be realizing those things that it wouldn't really be just easy as it looks when you are already on the actual situation.
Trading is never been easy even it do looks to simple but its not.Of course it would really be needing consistent attention and concentration because if you don't put up a focus on it then expect
that lose chances is way more higher than on profiting ones and you should really be mindful about this thing.
I agree that it's never been easy.
Most of the people that sees the success of traders are only looking at the success but they barely see the struggles and bad experiences that they've made.
Which makes them stronger and better in this field.