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
Yeah alot of traders and investors think that trading is one quick money making processes, but it is but not necessarily in a short while,some tend to invest for short term cause they want to generate profits in no time but still yet one require patience to be able to maximize such huge profits and be sure that the investment would guarantee much wealth. Yes no doubts trading actually guarantee Wealth overtime and one is aware of it's ups and down and this is why it is needed to be more patient with it cause it's all gradual process.
This is where the mistake lies for people who have no knowledge about investment without studying it first in depth. Indeed, it is better to study investment first before you want to invest your money, if you already understand or understand what is good or bad, it depends on your choice of which one you use for your investment. Usually, people who already have knowledge about investment will certainly not take the risk of daily investment or future trading. With a pattern already formed in their thinking, investing with the profits we want and maximum will definitely require a very long process. There is no success without going through a long process.