3 Traps That Beginner Traders Need to Know

[Tauseef Ahmed 197]

Other platforms that don't have moderators like crypto talk are full of cheaters and scammers. They play tricks on the newbies in the world of online earning. They target the people who want to be millionaire overnight. They offer incredibly attractive rewards or cash in return of a little or no effort which is actually a trap and nothing else. People in search of lot of money fall prey to them. We all should be content in the resources we have. Keep away from greed and be wise and rational. 

[Khdrma11 12]

Hello my friend, your words are correct and I agree with you, beginners should follow this information in order to work on this wonderful site correctly and acquire useful information that helps them in the work, all the best for you my friend.

[Techman 197]

You are right fakes coins are sold in exchanges sites study and be careful while choosing the coins to trade. You can consult some senior members to guide you on good coins to generate profit for you. Bitcoin is most in trading for making good profit

[Wizsplash 73]

Big thanks to you mate,  this three steps you mention are so vital in trading. What we all need to be conscious of in terms of trading are always just the method involve in trading in other to achieve great. 

[Ayyazcodsc 246]

Amazing post to change our mind and thinking style about investment, First of all i want to thanks for this amazing information, we must get full information and knowledge in which we are investing our investment and savings and do not be hurry in any way and keep patients.

[Bukarr2 78]

Yes buddies emotions matters very much to start a trading and we have read must of the terms and been focused so as to impact on what we wanted to benefit on and much especially patient and endurance also matters a lot in making a trading.

[Asadkhan0 150]

I would like to thank you for sharing this useful post my friend. This post is really useful for the new traders . That post will really help them to avoid the traps in the trading market.

[Nupeguy 94]

In truth, thank you for this valuable data and great counsel, and I think that it is superior for us not to surge and purchase cheap monetary forms, but to create beyond any doubt of their truth and exchange within the most celebrated monetary forms since they are more secure than others, and in my conclusion too that those who need to contribute can take the exhortation of senior individuals of the forum.

[John hopkin 325]

You have said very well and your post have a lot of information . I agree with the point that there are many websites which are fake. If any person wants to invest, then he should do a lot of research about it. And the information that has been provide should not be believed fully. And it can be fraud.

[Rafin478 614]

On 2/9/2020 at 9:08 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.

Those who trade must buy coins when the price of coins goes down.When the price of the coin goes up, if you sell it, then the profit will be a lot Of course ricks must be taken, no decision can be taken in hurry.

[Castor de 11]

The major traps in which beginners fell are :

1) Investing without checking the market and investing on coins just because they are cheap. Many of them fail in this work.

2) Dont trust on any advertisement or posters you see. They are the traps produced to trap you.

3)Emotions. We mist hold our emotions so that it won't be affecting our ideas and methods of trading.

[Mhdnaj 6]

Thanks for your willingness to help us. You give 3 good advice it can help in every where. It help in online platform as well as offline platform that is our real life business also . These tips are keep in mind even if we buy anything. 

[Aliakhan 60]

Yes I am with your post because it is a very ballet and useful post for purse in new and for those who want to invest Because nowadays there are so many scammers and fakes ahead of sites and tokens that people invest and get away with them, so this is something that is very useful from WhatsApp, we need a very beneficial case. 

[Lion heart 71]

On 2/9/2020 at 8:08 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.

It's actual, we should have the option to control feelings that are bad. Since, supposing that we are administered by a feeling of feeling, we may get hurt from our activities, companion.

[Mohammadmohd 206]

Thank you, my friend, on your post. It is useful to everyone and the information you provided was very valuable. It is absolutely necessary to obtain a source of knowledge before doing anything in the cryptocurrency market so that you do not lose all your money, good luck

[Yara45 236]

Emotion at work may lead us sometimes to places we do not want. I am certain that work must be completely removed from emotion, because the mind is the main engine at work ..

 

Also, rushing to buy currencies in general will definitely put us in a loss. This matter needs to be patient and deliberate.

 

The most important thing is the news sources from which we take our information, you are right about everything my friend, and I completely agree with you.

[Guljer99 122]

Well, this is exactly the common mistake or trap that traders face in new problems so it is important that they are aware of it and being greedy due to impatience can also become a trap for them or that trap they have set themselves up so they also need to avoid.  Trading knows the strategy on it that makes it sell low and high.  If we do this, chances are we can make a lot of money on the business.  Also be sure to do your own research before trading in cryptocurrencies as it is very risky to do. Thanks guys.

[Baba g Sialkot 527]

The facts demonstrate that to trader, one ought not settle on passionate choices, and furthermore not generally rush towards purchasing of modest coins which are not checked or trick.

Edited January 27, 2021 by Baba g Sialkot

[Abrar1122 10]

actually if you are about to make any kind of trade and you want to do trading and earn profit from it you need to verify the coin you are about to buy

[Chottisas 330]

The beginners should be very careful with there emotions, Because some people believe that crypto is the best platform to make money fast, Yes it's, but if  you go on buy coin any how you will lose all your money you invest,so a beginner you need to ask and know more about cryptotalk before you can start what you want to do to make money fast.

[Rabu 27]

Thanks for highlighting this topic.the begginers should be careful about it. First of all, we need more determination for work in this forum. Secondly, we don't use emotional trading ,it can be bad choice. And last we need strong mind for this.

[jappy 1129]

These tips are undoubtedly the best that exist because we must minimize the margin of error when trading, and these things we must always improve and that they are part of our day to day when trading.

[Miguel998 12]

As a beginner, I've read through some comments and I've gained a lot by just reading. Now I know greed is one of the things that will make you lose both your coin and your money. Endeavor not to believe anybody that tells you they'll double your coin or give you free coin 

[Mohammad2005 336]

Hello my dear friend. The knowledge that you need to have for business is basic. Then you have to gain knowledge about business first. You have to be careful to avoid mistakes, control emotions, you have to invest knowing the market, you can make money

[Mecalum 421]

Dear friend your all information is very useful for all the traders and to become a successful trader You should have knowledge and experience about trading and buy the coins when the price of Bitcoin is less and then sell it when its price become high and in this way you can earn a lot of profit from it.