Here are the Top 7 mistakes that I have seen people make over the last years. If you don’t make these mistakes you are already better than 99% of all crypto traders
Being emotional.
Not buying low and selling high.
Making all or nothing buys.
Putting all of their eggs in 1 basket.
Invest more that they can afford to lose.
I am sure after reading this article you will start to try to avoid such mistakes.
Experience is sum of all mistakes.Well explained but...
1) Emotions are necessary no matter how it affects to trading decisions.
2) Who defines low and high? What if price come back to test "low" after 5 fake breakout?
3) I want whatever i can get like putting all to
red in casino
4) Same rule applies to here but putting money that feeds family is not ok.
Emotion control is the main thing every trader should learn. This is the key to success! As well as money management. If there is no understanding of these fundamentals then remains one road in the casino.
And the answer to the question of where to buy higher or lower is won't be found. No one can know exactly the top and bottom points for the purchase.