Post
Topic
Board Trading Discussion
Re: learn from my 3 mistakes I made in trading
by
Finestream
on 28/01/2025, 21:57:38 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!

that's my 3 mistakes , What's yours ?
Yes, if you buy newly listed coins in the market, you will face losses if you don't take profit at the right time. For example the $TRUMP coin was listed a few days ago. $TRUMP reached a high of $92, but is currently down to $29. For those who bought $TRUMP and expected high profits, I think most people are at a loss. I also made some mistakes in this journey, I also invested some money but now I doubt whether I can recover the losses. So you have to be very careful to buy newly listed coins in the market. It is best not to trade in newly listed coins.
If we keep on risking our funds on newly listed coins that haven’t even proved their potentials in the market, losses will never stop.