Post
Topic
Board Trading Discussion
Re: Just a piece of advice needed here folks
by
Peanutswar
on 07/11/2021, 17:53:18 UTC
When trying to commit a trade always make a plan, not all people makes usees a plan just make a trade it's all about okay to them. Trading requires deep understanding, knowledge, and skills. Not just having a buying low and selling high strategy. People quit trading because they experience already a loss and they don't want to happen it again so they are afraid to trade. Mistakes are part of the trade so learn with it.

This could be a psychological approach like you may feel better if you own some 10k dogecoins rather than seeing 0.002BTC in your wallet.
Surely the beginners in this crypto space must need proper guidelines so that they will not fall into such kind of psychologically attracting shitcoins. Like people has already mentioned if we have no shitcoins existing in this crypto space then bitcoin might be valuing at least 5x or 10x more than its current price level. It means beginners in this crypto space are definitely misguided toward shitcoins.


This is the reason why we need to choose a coin wisely. Not all the coin will gives a good profit some of them makes unexpected rug pulls.