Common Mistakes In Trading Bitcoin

[Sandra98 199]

In general, we can say that trading basically needs patience and commitment to the plan, and certainly needs good experience in reading the chart in order to be able to determine the right price to buy and the right price to sell, we will definitely make mistakes, but we must learn from these mistakes in order to become successful traders.

[Mella 3680]

On 11/11/2019 at 5:00 AM, Agios said:

Over trade or Excessive Trading, Ignoring trading costs, Not learning how to read trading charts, Using savings / selling cars for trading, Not following investment plans, Buying at high prices, Short period of HODL coins

Many mistakes are made, these are common and I am sad many trader are still doing them. Also big mistake is not to learn correct technical analysis and find the trend. Go against the trend is a mistake because you are trying to find the top and the bottom exactly, which is not possible for any trader.

[Brushless4500KV 4214]

On 1/22/2021 at 8:11 PM, Sykkuno said:

A common mistake I am making is something I should be doing and I am not, I am trying to buy dips to trade, but failing to do so a lot often. There are levels when we see the sellers stop and while the buyer power is not very high, there are signs. I am risking less a lot lately and missing all the good chances I get.

Do you refer to the situation in which the market suddenly stops after lots of red candles and after a few hours buyers will join? If this is what you are talking about, I have to say I have bought bitcoin at such points and made profit most of the time because bitcoin usually has strong support. Using this technique for other coins may not work because they are not as powerful as bitcoin. Every coin is in harmony with a special technique.

 

[Oliver james 0]

There are many people were very conscious to join different online earning site but most of them don't know how to work on it and how to gain a better knowledge on any online earning sites we also advise you all member to keep well connected to the cryptocurrency because it is one of the best and the worldwide phenomenon which is used in all over the world and there are several papers and some people who made up of common mistakes that I don't know and don't read the regulations about this site which will not be able to do how to work on it and how to gain a better profitable and through this site.

[abohasnn9 2401]

Thank you, dear, for these valuable advice about the risks of trading Bitcoin. Rang to everyone, dear. He misses and loses money by doing Bitcoin mainly when he performs a process or technique of Bitcoin contract doubles the number of bitcoin he owns in general This matter is very yas we should not do it until after studying  Strong and deep, the house was working as a storage in the long run, so storing it in the long run will definitely be raised to the top by going up to Bitcoin. I am still rising despite the correction.

[Adam Stieve 18]

Sorry brother i am new this platform i not know who we trade with btc. Last month i start the trade but i face a many problem so i join this platform to learn the how a new bignners start a trade without any mistake.