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jewelettes

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

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18 minutes ago, Ipal said:

Yes, everyone panics when they have some crypto, especially if there is an increase or decrease in the price of crypto, and I think it's natural for everyone to experience it.
That is your very valuable experience, I hope you don't make that mistake a second time,

Yes I have learned from experience that trading with panic conditions is not good and very detrimental. Now I can control my emotions more than every trade I make.

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The major crypto trading mistake that I have made in trading cryptocurrency is buying a coins in high price and selling in low price because of fear of losing my trade. 

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On 18.10.2019 at 06:40, 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?

My early mistakes were due to impatience for profit and because of this was at a loss. Sometimes it's worth waiting for a warrant, maybe even a few days. And still my mistake that traded on new unknown coins.

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On 10/18/2019 at 10:40 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?

Indeed yes,

trading of crypto's is easy as long as we know what to do and how to do, my mistakes of trading of crypto's with no buyer.

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On 10/18/2019 at 4:40 AM, jewelettes said:

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

I am do the same mistake in my all trading deals, That I  do not use Stop Loss because I don't like it , and I don't I accept the loss, but that is a mistake and leads to a greater loss, however I cannot avoid this mistake.

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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.

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The cryptocurrency mistake that I have made, before when I trade I dont move from my computer, and then my emotion convert to stress, so now I put my order I do other things or I go to sleep then tomorrow I observe what happens.


 

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My mistakes a verry very big mistakes rather is i just buy high and sell it low hahah its funny but thats my big mistakes.but now i know the basic and i read some good advuce here in this forum.very helpfull

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The crypto mistakes that I have is I was holding BTW coin when the selling in a good price and I was not able to sell my BTW as of 2017 until the coin died because I have not been seen updated about bitcoin white I lost out in that coins. 

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15 minutes ago, Delgboke said:

The crypto mistakes that I have is I was holding BTW coin when the selling in a good price and I was not able to sell my BTW as of 2017 until the coin died because I have not been seen updated about bitcoin white I lost out in that coins. 

thats so hard man because a lot of us has kept so many coins and didnt sell em at the top of the 2017 bull market. but i think from that we learned to sell when we are in profit.

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I'm not experienced any mistakes on trading so far since I am a beginner. I also prefer to trade soon after I do my research about trading and having advise to my colleagues.

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My big mistake in trading is that i buy the coin when there price increases. and after some increase there prices are decreases. and i am in loss when price decreases. But now, i am starting learning the technical things that helps in trading

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On 10/18/2019 at 9:40 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've also experienced a number of things like you. The worst is buying a coin without seeing other factors besides the price going up so that buying at an expensive price and the coin actually falls to the price of 0 satoshi . Well shitcoin 🤣


 

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My most mistake is selling the coin when the prices is going down. That is yes no sense you selling at loss.

But sometimes i am too fear for holding the coin, because i see the coin is always going down in the prices. I just realize the prices maybe can going down more deep. So i just selling all my coin to cut loss. Sometimes i am right, but sometimes i wrong the coin price going up really high than my base price first time.


Please don't spam this forum!

Give me 💙 if my post helpful

Thank you.

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As a newbie I had few mistakes in trading but not that bad. I did self learning , watched you tube tutorials before trading And I did! 

Keep on watching blogs and you will see how easy it is!

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at the earlier stage we all  some mistakes in the crypto market.whether it was choosimg of cryptocurrencies and being panic about selling them.and these mistakes turns into our strength and good experience

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The most important mistake i have made is by not holding coins when their price pump down. I learned couple of months ago when bitcoins price went down then i sold but after few days its price again went up.

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being panic trusting on every cryptocurrency and believing on the hyoe which has created only just to pump the coin value..these are the mistakes i ever did in crypto market.but now i am out of it

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This is more important mistake which occur from all crypto trader that when price goes little high all the trader give the command exchange. The trader work with patient and earn profit due to time and price change, but the trader is greedy nature,

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Yes of course i made some mistakes and errors in cryptocurrency on websites exchange Yobit I have bought some news coins who are on the top, right now they are down down, lower than the price what I hay pay.


 

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 I am a beginner in the crypto world and I am the type of person who is impatient but also curious (lol) I made a mistake when I wanted to buy coins for withraw I did not know that there is a market below that we can choose at low prices and I bought Ethe with the highest offer.  Not lucky but fortunate. ( but i am happy that i got my 1st lesson for trade on crypto market ) .

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in start of my crypto  trading journey i do not know about coin their total supply and total volume trading volume and where coin is listed in bought coin and some time get profit and many time loss my money because these are shitt coin.

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I have learned that if you are going to engage into trading cryptocurrency you have to set goals on how much you would what to gain and plan a tine frame on how much time and money you are willing to spend on it. I am very impatient, so I guess you have to be patient when you engage into trading. 

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In my opinion if you want crypto trading this is must you watch out the crypto market for selling and purchasing crypto. First thing you learn about crypto trading first learn when you sale out coins and when you purchased.

If you learn these two things then you earn crypto profit.

Best of luck

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When I was new in trading I just thought about high profits. I always wait for high price but I got loss every time. But now I have changed my plan and I just select stop loss order at 5 to10 percent of price. Although my profit percentage is low but overall I get good profits.

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