After several years of trading experience, I bought the top of an altcoin again today.
I made a trading mistake, and I wonder how come I haven’t grown past this stage in trading.
I thought I have learnt how not to FOMO, I still fell for it even after been a trader since 2020.
I wouldn’t have bought the top if I took some few minutes to check the chart. At least the daily chart would have given me the signal.
This shows that even masters makes mistake sometimes.
Do you have similar experience like this?
While trading, everyone will make some mistakes, no one can trade on a trading platform with 100% accuracy. Just like you jumped into trading without analyzing the chart, maybe a year ago I made the same mistake as you and started trading with a new altcoin token that came into the market. When it was first listed in the market, the market started trending a lot, maybe I didn't realize it then, I also waited for that trend and jumped into trading, later I suffered a lot of losses that I have not been able to recover till now and I can't even say whether it will recover. That's why I want to tell every trader that it is always better to trade with top coins like Bitcoin and Ethereum because there is a possibility that Bitcoin will recover and Ethereum will recover.