Post
Topic
Board Trading Discussion
Re: learn from my 3 mistakes I made in trading
by
mirakal
on 14/01/2025, 23:45:38 UTC

Mistake #3:
Don’t buy newly-listed coins on exchanges, especially if you’re a beginner.
You’re at risk of becoming liquidity for early investors or teams dumping their tokens on you. This has happened many times with freshly-listed coins—beware of the hype!

It is a win or loss. I'm a victim of this. We think that new projects easily get hype. Unfortunately, not all have that kind of scenario because many of them turn to a scam and shitcoin.

Yes, it is still a big factor in considering the known and highly volatile coins when trading because we are certain that it is never gone. Trading can be profitable if we really have the knowledge and skill and, of course, with the right choice of coins. This might be a challenge for newbies, but this never meant that we can't learn as we can if we never rush.