Quote from: bison on Today at 03:22:27 AM

Quote from: akirasendo17 on July 16, 2021, 01:59:21 PM

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

The highly volatile Crypto market is very risky for those beginners who carelessly buy coins without doing a research, it will only cause panic when there is a decline like some time ago, it causes a lot of panic selling that occurs, when deciding to invest we must really be careful. really know what will be our assets but in the process of waiting we should not get carried away with emotions, calm down and observe.

Panic moods in the market are very dangerous, especially for beginners. I see how many of them give in to panic and begin to take those actions that cause profit losses. This is very dangerous because not only a person loses money, he also loses faith in himself and in his future in the cryptocurrency market. Only calmness and confident decision-making will help people who came to the cryptocurrency market for success and profit to avoid critical mistakes that do not allow them to realize their huge potential.