One of the mistakes traders makes when coming into the space of trading and investing in the digital markets like Bitcoin is having the mindset of guaranteed instant wealth, most believe trading is an access to guaranteed wealth,. Not knowing that just like any other industry there are ups n downs and hard work on the right information, patience and time is the real rewarder not mere presence and availability, you can't join the police today and become an IG next month, you can't join the military today and become a general next week, you can't become a doctor today and turn a consultant tomorrow, just like every other field, success in trading cannot happen overnight
Trading with bitcoin is never an exception. You lose and take profits, but there’s still chances to lose again and again if you trade blindly with bitcoin, and if you’re having a wrong mindset that bitcoin is a way to get rich quick when in reality, getting rich quick is a big lie, you need to do a lot of hard work and work on your skills and strategies first before you will gain chances to be profitable and get rich with bitcoin.