Dear Fellow Steemians today i would like to talk about Crypto Trading Mistakes.
Following points are very crucial :
1- Don't be so greedy... as something is better than nothing. Always book your profits before its too late.
If you can your own strategies of trading and stay focused.
2- Never buy altcoins when bitcoin price is unstable if bitcoin is pumping fast... altcoins will drop badly.
3- Never invest all your funds in one coin, you must diversity!
4- Never invest all money in altcoins... keep some bitcoin too.
5- Don't sell your coins at loss... don't get into a panic sale!
6- Always make your portfolio... decide part if short and long.
7- Don't sell your long-term coin in panic sales. Long-term means... invest in them... and forget!
8- Don't do trading with your emotions... keep them aside.
The Market will not work according to your thinking... there are many people.
9- Don't do day trading without proper knowledge.
10- Never buy coins at their all-time high... it can be a big loss.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by irfanullah from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit