3 Traps That Beginner Traders Need to Know

[basemhenen 54]

Thank you for your interest and effort in order to explain these important points
I hope that the new traders will be alert in trading operations well .. and not lose sight of these important advice.

[CRISTIAN FERNANDEZ 32]

There are several emotional pitfalls when starting to get into cryptocurrencies, to avoid them.
You must respect the strategy that you determined to start, respecting the percentage of loss that you have already stipulated and the percentage of gain in the period of time that you have analyzed, the longer you stay in front of the computer, the worse it will be.
Learn every day to improve your technical and fundamental analysis and respect your action plan that you have started without mixing your emotions in your investments!

[AirEmmanuel 28]

On 8/2/2020 at 23:08, Afrizal rahman said:

3 trampas que los traders principiantes deben conocer:
1. Usar la emoción
Usar sus emociones para tomar sus decisiones comerciales es un error que debe conocer. Un factor que puede dañar las carteras de los traders es "¿tomar decisiones que involucren emociones?"
2. Tener prisa por comprar monedas baratas y no verificadas La
prisa por comprar monedas baratas que no están verificadas es algo que debe evitarse. Porque también hay miles de tokens baratos y falsos.
3. Confíe en toda la información que lea.
Esta es una gran trampa que debe evitar. Internet ha hecho que las noticias sean accesibles para todos. Por lo tanto, debe tener cuidado con las fuentes de noticias que recibe. Más importante aún, investigue antes de aplicar cualquier recomendación.

 

Esas son las tres trampas que debe evitar, si desea agregar, por favor. No olvide dar Me gusta si cree que esto es importante y dé su opinión si hay errores.

I think that the main problem of people is to get carried away by emotions, I say it from my own experience when I started with this of traiding.

[Antonio Mendoza 173]

You right however there are more thing that the beginner need to know like never buy a coin when is overbuying or overselling, how you said there a many shitcoin that you need to aware but there are other that can be get a good profit, the beginner need to learn about which is the better option. The fear is a big part of the play so I recommend to take the risk with some proyect that they see interesting this way the beginner learn more about the crypto space or tell if you never lost money in one of this coin.

Edited October 9, 2020 by Antonio Mendoza

[Alfonzuelo 25]

Unfortunately, I am a victim of the first point... but even though I have taken losses, I do not give up and continue to improve my control and calm when trading. I hope one day to become a great trader.

[Mdavlat 25]

You are absolutely right. When traded for a first time, I earned 90% in 2 hours, But after 1 hours, I lost everything because of my emotions. We should be smart and patient, when we trade.

And we should trade only with 5% of our balance in the day.

[daveontario07 92]

yeah sir above mentions ways are very useful for beginners.because they don't know where to invest there money and scammers are also there who want loot from that beginners. which will leads to beginners a loose of trust from exchange. 

[Rawad933 159]

You're right, a lot of projects and counterfeit currencies may fall victim if our expertise in the field is small, we need to know a lot about the currency we're trading in because it's this knowledge that will determine whether we win or lose.

[HICHHH01 62]

Thank you for what you provided and it is absolutely correct.
I came to it through my experiences and my loss, unfortunately.
But I add that he does not rush in anything, not only buying cheap currencies, in addition to setting aside daily time to learn first of all.

[Garis 91]

On 09.02.2020 at 06:08, Afrizal rahman said:

3 Traps That Beginner Traders Need to Know :
...................

Those are the three pitfalls you should avoid, if you want to add, please.  Don't forget to like if you think this is important and give input if there are errors.

(like) I absolutely and completely agree with you. It was from such mistakes that I learned. Such subtle moments and psychology, including, strongly influence a person later. He may become depressed and abandon trading. A person needs to educate himself.

[Felics3 0]

Да вы молодец затронули такую тему, да в трейдинге 50% зависит от психологии, а на счёт информации получаемой от сми , я уже давно понял ,что они передают выгодную кому то информацию.

[alrabouni23 39]

Thank you for these important tips. We must move away from our emotions in this work. It may cause problems for us, for example when we buy coins of small value and are counterfeit.

[valvaltv 252]

I believe that the most basic thing newbies lack is graph analysis. Not an intuitive analysis, but a special trading one. All professional traders base their trading on this kind of analysis.
Of course, you may be lucky, and the currency that you buy will increase in price, but still, I would advise everyone to go through training who wants to make money by trading. But, if this is just a hobby for you, then it is not necessary.

[Arpit Gupta 581]

Yes I am also a beginner and all beginners must be aware of these 3 traps that you written. Your post is great as it will keep safe and aware of scamming to many beginners. I got much knowledge about these traps.

[duncun007 3577]

On 2/9/2020 at 6:08 AM, Afrizal rahman said:

2. In a hurry to buy cheap and unverified coins
Rush to buy cheap coins that are not verified is something that must be avoided. Because there are also thousands of cheap and fake tokens.
3. Trust all the information you read

I can agree with these two because i saw many people buy coins that are worth less than 100 satoshi simply because they are cheap and they think it will blow up in the future, not knowing what is the coins used for or is it actually still in use or not.

[ramonn22 731]

On 2/9/2020 at 4:08 AM, Afrizal rahman said:

3 Traps That Beginner Traders Need to Know :
1. Using Emotion
Using your emotions to make your trading decisions is a mistake that you should be aware of. One factor that can damage traders' portfolios is "making decisions involving emotions?"
2. In a hurry to buy cheap and unverified coins
Rush to buy cheap coins that are not verified is something that must be avoided. Because there are also thousands of cheap and fake tokens.
3. Trust all the information you read
This is a big trap that you should avoid. The internet has made news accessible to anyone. Therefore, you need to be careful with the news sources that you get.  More importantly, do your research before applying any recommendations.

 

Those are the three pitfalls you should avoid, if you want to add, please.  Don't forget to like if you think this is important and give input if there are errors.

Thank you very much for the information you give out. I agree with you. Brother of course, the first thing to do is study this world of Cryptocurrencies so as not to make mistakes as many of us have made, at least I have, and it is very useful to create topics that provide information to this great community
a big hello to all

[kozya_g 7]

Thank you for Sharing

[Ahmad ah 1212]

Yes, my friend. Logical speech.
We need to be careful and not be drawn to emotions and feelings to avoid traps

[Nicole018 4548]

Yes these are some of the key measures that the new users need to do keep in mind while working in this platform. Keep your emotions in check. Make show fear or greed to not outperform your instincts. Do not trust all news. do the necessary research in order to understand the core concept behind different fields. Just because something is cheap that doesn't mean it would be profitable.

[mohamedpc1 2213]

You are right. Thank you for raising this important topic, especially for beginners in this field They are characterized by haste and impulsion without thinking or analysis. They believe any information, so they rush to buy and then lose everything. Trading needs patience, analysis and good study in order to define the goal and at the same time study the possible risks that may occur

[DrkMot 44]

Traders lose because of the big shoulder. The main reason why most people lose money at the exchange is that they are overly active in their trades. Or, in other words, they are under-capitalized in relation to the size of the deals they make. With the false expectation that they can make 20-100% of their monthly profit, the new trader maximizes the available leverage.

[Maharba 237]

Thank you for your post, all what you said is correct, plus people need to dont hurry at all, sometimes is better to wait, search more information, in case of a brand new coin, and see how the market moves, we have many good web pages who give sustantial and very good information about, coins, security and rankings about validity or not of any coin, Good, clear information will be our best tools here. truly information indeed.

[ga570n 9]

Hello there

Thank you for shear good think, I am new and i also wanna trade here, so your suggestion will be help me, when  i gonna trading. 

Thank's again

[DrkMot 44]

Для начала, это самое главное, как и в любом случае. Чтобы стать успешным трейдером, вы должны сосредоточиться на самом процессе торговли, а не на зарабатывании денег.

[Zafarwaheed 0]

First of all thanks for providing with us such an important information with us. These things are the key to success at this platform which are the patience and the emotions and skill and Knowledge. Once o trapped in a someone and sells my coins to them in a real price to him in just a hurry after that it's price turns high and  I lost  that amount . So be careful in all kinds of things.