What are the crypto trading mistakes that you've made?

[Elmerzx 50]

Well, really in this industry all of us as newbies made many mistakes, in some cases I sent cryptocurrencies to an exchange that asked for a minimum amount to deposit, which resulted in a total loss, or the times I lost patience and changed my crypto ahead of time.

[betelihem 4766]

On 10/18/2019 at 5:40 AM, jewelettes said:

All of us have been noobs to cryptotrading at some points in time. I still consider myself as a newbie, I'm still learning . But cryptocurrency is still a young industry and there are plenty of room to learn. Mistakes are part of the learning curves.

As noobs, I have made several trading errors and looking back, those made me laugh. Those include sending to an exchange with wallet on maintenance, sending to a coin to a different coin address, sending coins to a closing exchange, and just abandoning a coin that was delisted on one exchange. I didn't know about qt wallet before 😜

How about you? Do you have some cryptotrading mistakes to share?

I member that i have maid a mistake that every beginners which are new to trading have done, i sold my coins with a lost due to fear of losing my all moneys, so i sold all my moneys with a lost and i am laughing when i really remember it.

[maarcoferrer 1096]

One of the first mistakes I made is that I could have invested in the long term and what I did was to spend the money, it is something that I know that I will not go through again and it was necessary to go through it in order to learn, it is important to take into account all this when we go to the next level, in the moments of setbacks is that we have to be more careful with ourselves.

[Mohammadnour 1372]

I am also still a beginner in the field of trading in cryptocurrencies, I remember when I wanted to make the first withdrawal from one wallet to another, I did not know how to do it and I was very confused, also I was worried about the delayed arrival of the transfer, but in the end it was done and I knew The process takes some time and I become more aware of it

[Ysha5 763]

In the beginning, I was afraid and did not have enough experience to do my work with this encryption, and it is not possible to succeed with this encryption if you do not have the expertise and experiences, so it is very important.

[HumamAliDeeb 590]

There is no reason for a beginner trader to use real money, and there are endless programs and platforms that offer demo trading accounts. Anyone interested in becoming a professional trader should first develop a system based on a simple set of guidelines for their inputs and outputs and risk management. Do not start trading with actual money. But trade with a demo account first, until you are ready, then trade with your money. The successful trader maintains the balance of his portfolio. For example, only 10% of your wealth can be invested in digital currencies. And you can divide your cryptocurrency wallet, into 70% of the portfolio long-term contracts.

[Saberali 530]

The crypto trading mistake that I've made is none because I'm a new member of crypto recently I joined in. So far I think that there's no mistake that I made and hopefully if I'll make a mistake hoping to learn with it and will do it again.

[selfmade 7]

Entering the crypto trading arena without proper knowledge is the greatest mistake I have made. Here is what happened, I bought a low volume coin without knowing what volume is and it's relation to the market of a coin and I ended up not been able to sell for a while until it dropped and died.

[Ms.Layla 320]

As you said all of us had made mistakes regarding Crypto trading.  I also made mistakes.  Firstly I don't have idea of cryptocurrency.  Then I researched about. I started trading.  The first ever mistake which I made was, I want to withdraw my BTC in form LTC to my wallet from a site but I mistakenly traded thee BTC into USD then again traded USD into LTC. This caused a loss as some what was cut off in the fees. That was my mistake and I realized it later at that time. 

[Jikansamu 1125]

I'm not into trading yet,because I know it's sometimes complicated and requires enough knowledge and experience before one can cope in it,I want to learn and know more about the crypto tracings first before I start it,so as to prevent all these sort of silly mistakes

[Farry 826]

I made many mistakes in trading i invested my money in some new coins without analyze and without any research coins is dead I loss my money.

[piuri01 446]

The biggest mistake I have made, has been not working hard on a page that paid cryptocurrencies, that happened years ago but the page is already closed and I can not do anything, in this forum I have read about the errors of other members, one of They sold their bticoin at a super low price and today he is sorry he did that.

[Alix188 585]

Most of us are beginners agree with you and we make a lot of mistakes, but these mistakes help us learn and develop ourselves, several days ago I sent a little Yfii to a trust wallet and was using the ERC-20 address without knowing that the withdrawal fee would be very high and now I need 50$ to make a withdrawal 30$ from yfii

[hghadeer611 689]

It is good to share your mistakes with us to learn from them, for me, my big mistake is my delay in joining the field of cryptocurrencies, and I first joined some of the faucets sites before arriving here, and this is one of my biggest mistakes that I learned from.

[Maria karam 667]

I did not make many mistakes during my trading, but thanks to that, I read about many topics that contain mistakes of members in this forum and I learned from them and I was able to avoid falling into them.

[Success06 537]

Since I was afraid of losing my trade, I made a big crypto trading error by purchasing coins at a high price and selling them at a low price.

[Enas 245]

A very important topic and it is good for us to benefit from the experiences and mistakes of some of us. I did not join the world of cryptocurrencies except for a short period of time, and I certainly had mistakes, but I tried to take advantage of them so that I did not fall into them again.

[zoeyphenyle 161]

i am new so i do not know about the trade. i see that is the best for the earning form the free and it is the life time, it is a business and they invest the all money and get the huge profit. so it is the best. sometime it is give the lost to the people to mistake the signal.

[White3319 463]

You may encounter many errors that lead to your loss, such as sending to the wrong wallet address, and you may buy bad currencies that do not benefit you at all, or buy currencies at low prices.

[ammarkhkkh 753]

I made a lot of mistakes in my start with cryptocurrencies, I bought a lot of scam cryptocurrencies, and I also sold bitcoin before it went up and regretted it and also forgot my wallet password.

[Sena1234 972]

Me being greedy in trading, I didn't sell my tokens when I gained profit because I thought the price will increase more, but suddenly the price dump and I lost my profit.. but lesson learned to not to be greedy.. be satisfied what you have earn...

[Vola1s 727]

As a beginner, of course, I have experienced errors such as buying coins incorrectly for transactions, the coins I bought cannot be traded because they are coins with zero trading volume. I think it's all part of the lesson so we don't repeat the same mistakes. There are many lessons I learned as a beginner and I have never regretted them.

[abd1992 960]

On 10/18/2019 at 5:40 AM, jewelettes said:

All of us have been noobs to cryptotrading at some points in time. I still consider myself as a newbie, I'm still learning . But cryptocurrency is still a young industry and there are plenty of room to learn. Mistakes are part of the learning curves.

As noobs, I have made several trading errors and looking back, those made me laugh. Those include sending to an exchange with wallet on maintenance, sending to a coin to a different coin address, sending coins to a closing exchange, and just abandoning a coin that was delisted on one exchange. I didn't know about qt wallet before 😜

How about you? Do you have some cryptotrading mistakes to share?

I think that I have a lot of mistakes, first entering the high market and not holding the profits, and also entering the currency several times despite its decline

[Jessica7 1132]

As for me, I am new to trading, I have not made any mistakes yet, but I work carefully and gather enough information and follow experts to avoid making any mistake and losing my money.

[Xantosis 426]

I am yet to begin trading but i think the major crypto trading mistake is made in trading cryptocurrency while buying a coins at high price and selling in low price because of fear of losing funds, before engaging in trading seek good knowledge and experience first.