Bitcoin Forum

Hey guys,

I made a youtube video about the top 5 beginner mistakes in crypto trading. Check it out and suscribe if you like it Smiley

 --- AVOID trollbox
 --- whales???
 --- Buy walls???

Thanks!!

https://www.youtube.com/watch?v=pS5VliY-Tq0

I don't trade coins, but the information seems like it would be helpful to anyone starting out.  For me, I didn't know what the buy wall was - thanks for explaining.

nice video,, and this is so true,,
every beginner always made mistake and almost they will repeat their mistake everytime

This would be helpful to you when you do decide to engage or trade on altcoin later on and as mentioned in the video this was so true and most newbies do really fall on those mistakes again and again thats why its important to be aware on those things that should really be avoided so that we can able to execute our trade well without those fuds and false informations we do hear of.

I like the video, and I've had the same mistakes in the beginning
Maybe you could make a video about patience because this is one of the trading steps also

Looks good, I am yet to watch your full video but I will check it later. Thanks for sharing it and yes i haven't forgot to subscribe you.  ;)
I will add few things here in my post if I find something you missed to include in your video.

nice, yeah almost all newbie crypto trader doing that mistake

Nice one :)

Hi guys, thanks for the support. I'll think about doing a video onntrading advice in cryptocurrencies. :-)

Lots more could have been added but it's a good basic list. For me the mistake I made several times at the start, was not looking the graph with 6 or so months of a coins trade history and instead looked at only the last few days or week or two. I would miss the fact that it was actually in a pump and got caught on the dumps. Not all pump and dumps are quick. For example, a big one I got screwed on (although I did end up making up my losses), was Cloak. Bob had worked that one for several months and then the pump started. Lasted for a few weeks and then he dumped on everyone. I had come in right about the time the dump was about to start. And since I hadn't looked at a long enough time frame, I didn't see what had been happening.

Thank you, this was useful! Can you make a video about how to read the buy and sell order boxes? I understand how the graphs work but sometimes the wall of numbers can be confusing.

Nice video.Most of the new traders do that mistakes.Even i got caught on many pumps without knowing it and finally ended in loss when dumped.

Screenshots of living trade to illustrate examples would fit well. Anyway I like it.
Hope it will be continued!

Nice video when we are starting out making mistakes is almost unavoidable since we are still unable to trade with confidence since we are new to it but as time passes we will get better at it.

Nice youtube video and will try to avoid them. We are leaning every days and this forum have brought alot of information for serious traders. To add to what op post we should all so avoid placing a trade against trend and for now bitcoin and most altcoins are in upward trend as a wise traders I will only trade along trend.