Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Common mistakes by unskilled traders
by
Baki202
on 18/10/2023, 15:23:56 UTC
⭐ Merited by fillippone (1)
There are a lot of people who get frustrated a little bit I want to say something when you trade crypto you must trade with time.  As the op said when newbies trade crypto they are in a hurry and get frustrated in a very short period of time if nothing happens in a week or a year they get frustrated and lose money. But don't be disappointed like that when you trade in crypto you must know about it well then you have to trade. Otherwise you are more likely to lose if you trade crypto.
Time is one of the most important resources to employ when trading, and judging by the way things are going, trading cryptocurrency is going to be difficult because it demands a lot of mental effort. I don't think the irritation is exclusive to rookie traders; even in this forum, you can see that many investors in Bitcoin are anxious for their profit since everyone wants to succeed. After trading, your thoughts will remain focused on that deal until you make money before you can let it go. and they might even trade and not get anything but that does not mean you should give up.

Of course, experience in any trade matters a great deal. But it is also important to be able to concentrate, to distribute your forces correctly, and to act quickly, as trading situations change very quickly. That is why you need a good and reliable internet connection - preferably several options
Since even a small amount of distraction can do significant harm, trading takes intense concentration if you want to enjoy it. Focus and a solid internet connection are good ingredients for a tasty meal, and if the correct energy can be changed there, it will be of amazing importance to the trader.