3 Traps That Beginner Traders Need to Know

[Popedee 377]

6 hours ago, Afrizal rahman said:

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.

Most information on crypto is often times biased towards the writer of a post. Taking time to research news on cryptocurrency takes time as you will have to aggregate different opinions but if you can learn technical analysis of cryptocurrency, you will be able to make your own informed decision

[Abiaan 1209]

thatswhy always put your crypto on top 20 coins only and also important to know about how to read Japanese candlestick to avoid scam , it needs alot of information to learn how to trade 

[Maaz sultan 265]

10 hours ago, 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.

You are right these three rules is very important for all the crypto investors and dont buy and sell any currency on hurry and keep patience .

[Md Yousub Ali 880]

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

[Jeet Narayan 1940]

If anyone see 2019 profit data then you found only 10 to 15  percentage people are making money through trading. More than 80% people are getting loss because of emotions and so many factors.

[Sourav43 106]

13 hours ago, 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.

I agree with you and your information is very helpful.  Many can benefit from the information you provide.  Thanks so much for sharing your valuable information with us.

[Brithney24 286]

14 hours ago, 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.

You are making really good topic for trading, emotion is very important to success in trading, so we have to control our emotion if we to get success.

[Imaankhan 208]

15 hours ago, 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.

Yes you are 100% right about all these traps and in order to avoid them the best thing to do is to reaearch more and more you will eventually find out the truth.

[aymandr 206]

Take advantage of the opportunities and you should watch the process of prices and trading when the currency is falling, buy and when you are on the rise you will gain from it a lot.
good luck

[Nezar 7169]

This is an interesting topic. Thank you for making this helpful post. I hope all beginners and new people here to review this topic

[Migo 7946]

Every tip about trading is needed, because sometimes I find this field full of new things everyday, thanks for these tips because we need them to use them in all our crypto life not just trading, we need to be updated with everything new 

[Agios 1763]

Thanks for sharing, very useful information for traders, the more experienced trading, the more we will be able to control emotions, and do not easily believe what we read we must first investigate the truth of the news.

[Gg233 1061]

For completely beginner then it is really hard to understand even though you have knowledge but when you do live trading then it will be different it can be more difficult because of your emotion.

[Lubruselu 2803]

Thank you for your best informations this informations are really helpfully, and also we will be succeeded if we will follow them as well in our trading 

[Luciferludz 1442]

I've read these informations and researching on them fast and I found that's whats you have explained is really helpfully for the cryptocurrencies traders

[Vivek1997 437]

Very useful information is this to beginner. This will help beginner to not get trapped. Although some points are seems to be missed. But still these points too will help others so nothing to much disappointment from it.

[Goody28 259]

Let me  add to what you said earlier if you readily believe any news you see on the internet you are sure to get into the trap of scammers and hackers 

[Muhammad ayyan 811]

Well done dear .you did a good job. We need to control emotions in trading. And never buy cheap and fake tokens. other then we need to make good strategy. In trading intelligence is  more important then money in hands for trading.

[Mr.Bit 212]

Thank you for this wonderful information i'm new here and i will remember you information always thank you and have a nice day.

[Benjamin 84]

Well, this will be helpful for the members here especially to those people are traders because they will now know this kind of traps to secure their coins for those people who are creator of it. Happy posting.

[Novacore_99 215]

Your post is really helpful for traders . I learn how to stay safe and play for long yo make some good profits.  The patient is the key to success we need patient and can control our emotions to play long in the market.

[Nickibae 130]

Thanks alot mate for informative article you wrote since you have outlisted and evaluated the traps that a beginner should be aware of

[maxiway 44]

Thanks for the information, this world is very large and we must learn many things, but in the course we will learn, a thousand thanks.

[gigabyteRTX 1583]

Well, thats right this is the common mistakes or traps that new in traders get in trouble so it is important that they become aware of this and also being greedy out of impatience can become a trap for them or that trap is set up by themselves so they need to avoid it also.

[Daaang 344]

Thanks for the information. The first thing we need to know about trading is knowing the strategy on it which it buy low and sell high. If we do that, there is possibility that we could earn huge money on trading. Also don't forget to do your own research before do trading in crypto currency because it is very risky to do.