Most of the newbies in crypto space believe once they have a large capital they will definitely succeed in the crypto space, but they are wrong, not knowing that if you can't grow/manage a small account, you can't grow/manage a big account either, their are common mistakes they usually make an I will be giving out tips on how to avoid them,
* Over trading-- it's very important for a day trader to limit the number of trade he/she took in a day.
* Lack of trading plan-- develop a strategy an stick to it, do not ever enters a trade blindly, if not the market will remove you blindly.
* Failure to use stop-loss-- to me it's the most important thing I do while trading, an it's always close to my entry price, I do it that way so that if the trade didn't go as planned, I won't lose more than 10% of my margin.
I don't if anyone have more to add, so I can also learn?
- To be honest, having a large capital in crypto trading especially if you use it in bitcoin or other top altcoins such as ETH, Matic and BNB, it can really make a good gain every day. But this you must have enough knowledge and idea about cryptocurrency.
Because when it is said that there is enough knowledge in crypto trading that means you know how to analyze, and use trading chart tools to determine when to buy or sell coins and the coins you choose must also be correct because as a trader here in the crypto space you can't make mistakes, you should have that mindset.