Post
Topic
Board Trading Discussion
Re: your worst mistake
by
Fredomago
on 27/08/2021, 22:59:07 UTC
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !


Selling my bitcoin and ETH because i am expecting that the price of those currency will never go back and totally gone. I am a new in trading that time and no advisers when it comes to trading. My lack of experience and lack of knowledge in crypto currency and trading is a big mistake. In trading, knowledge is the most important.

Learned things the hard way, there are many newcomers who bought from the peak, those who invested between 2017-18 when the huge pumped happened and eventually suffered with the hard fall.

Thinking that everything is just a scam since that they can't imagine buying from $20K then went down reaching the low of $3K a very disappointing experienced.

Some went out and never comeback, while others take extra time to go deep and understand more about this volatile nature.
They are now enjoying for choosing not to quit but to learn more about this industry.