All traders, including seasoned pros, make these errors, for which they ultimately pay a price. The primary prototype that a trader should control is greed. Beginners and traders succumb to greed and overtrade, which leads to blunders. I am aware that keeping is occasionally preferable, which is why they always recommend trading within your means. If you go over budget and trade with your savings, you may be obliged to sell the coins at key moments when keeping them could have been a better choice. Act and make investments as such.
Greed is what makes most traders lose their capital even if they have good profits. For me, I return my capital in full and put 50% of the profits into trading, and this reduces the risk. Holding is the best option that makes us achieve huge gains in the long run, but we must not bet all of our capital in one currency and always follow technical analysis, charts, and currency news. and we must adhere to a specific plan and collect fifty percent of profits as soon as we obtain them, then move on to another trading process, and most importantly of all, we choose the trading platform carefully on which we will deposit and HODL our currencies on it.
On the time that you are making out some profits then for sure you would really be thinking off on how you would really making it even more and this is something a certain investor or trader to do on which you
shouldnt really make yourself chasing off for more profits.
Always consider out that risk management which is something that is really that much needed most of the time.Dont overtrade and dont make out that kind of desperation on making out
trades just because you had made out some money on your first tries. Market doesnt always go along on what we are expecting and we should really keeping those things
in mind.