You can go wrong!

[Ido_Liberdy]

don't quit your day job unless you are already trading with success for few months.

[1715009715]

1715009715

[1715009715]

1715009715

[1715009715]

1715009715

[1715009715]

1715009715

[1715009715]

1715009715

[1715009715]

1715009715

[styca]

If we learn from our mistakes, what words of caution would you like to share.

1 Don't make rash decisions due to sudden price movements. Always zoom out on price charts to get longer term perspective.
2 When trading, always set your exit point before you start the trade, and then stick to it. If a trade starts going the wrong way then see point 1 above.

[PaPog]

If we learn from our mistakes, what words of caution would you like to share.

Don't Panic and Restrain yourself !

Don't panic whatever happens in the market, even if your altcoins's price are bleeding, do not lose hope and sell them in that time.

Restrain yourself even if the price is stable and rise slowly, you have to be patient till the time is right when the price reach its peak.

[Samkol26]

When you make mistakes don't let it weigh you down. Learn from it and get back up. And also try as much as possible never to make such mistake again

[Yakult]

Sometimes words are not enough to explaining about our mistake. People need to experience it firsthand. Only failure will make us grow and learn the bad decisions we make. If few advises are needed then, never decide right away and always think first. Greediness won't do anything good and don't be selfish.

[hiddenmist]

If we learn from our mistakes, what words of caution would you like to share.

-Do your own research, not the research of others. In short don't be lazy in your investment.
-Emotion is good as long as you use it to make your love ones to be happy but don't use your emotion in crypto, it will make you bleed.
-It is normal to lose in trading. I never met a pro trader that never lose in the game.

[slimfit88]

when you doing daily traders you must have good prediction dont panic when coins going decline its normal in crypto, its will going up again soon remember it

[luongdk]

1. Learn more about diversification of your earnings. You don't need to sell everything you have, and also if you would like to invest - not all in one coin.
2. Don't trade every day basis. And your money will be in safe from yourself.
3. You can work only this sphere and not to have a job and I would like to see how it will be. Sometimes people really complete this task, but in early moments when you just start your crypto biography I don't advice you to seat without job.
4. Use every opportunity to participate in if you are waiting for something will shoot. It is impossible, I think, to participate only in one project bounty, in signature, social media, blogs and other in one campaign because in this case you wouldn't get your employment in every day basis.
5. Be careful in choosing the projects. Sometimes they don't coast spending on them time.

[clarkt]

The most important statement I have heard as regard cryptocurrency trading and investing is the saying that goes like this : You can never time the market.  You could make intelligent guesses  but no one knows the future.  So if you are selling or buying,  do it in batches gradually and slowly.

[saruxanyan]

Of course a lot of falls and ups I saw on my way. Started with ISO and then earned some money there already invested currency. Received money. Somewhere to the point. Somewhere the companies ended with a first gasp. The main thing in our business is not to despair.

[rudyrista123]

The first thing I will say to myself is "This mistake is not the end of everything". This is a risk that must be accepted and do not let us go back to doing the same thing.

[MNtrio]

If we learn from our mistakes, what words of caution would you like to share.

- Don't sell your token when at low value
- Don't buy to much token for a short time or long time token we can not predict what will happen because other will run or just scam
- Don't trust other people that email you in your gmail and want your information
- Don't give your account to other people
- Don't rash decision
Just that only i learn from my mistake.

[Kevin77]

I will say dont regret anything that we did in cryptocurrency world, learn from our mistakes to make us better.
dont be to greedy, sell when it is profit enough
dont participate if you dont wanna take the risk of

Regret will never even help. Once you make a decision, whether it flopped or not, accept it, make amends if necessary or just move on.

Greed has so much allowed so many people to lose in this field. I was definitely one of them and over time, you just have to learn in a bad way as history will always repeat itself. The most important thing is to always do the opposite of what the average people are doing in the market and you will be fine which is for you to be greedy when others are scared and vice versa.

[tbterryboy]

Number one biggest tip I can give is not falling to the biggest screw over emotion of all and that is FOMO. Whether it is FOMO on the way up or FOMO on more profits and you don't sell, FOMO is the #1 culprit of all bad trades and I would advise you get a hodl of this emotion before it drains your account faster than a New York minute.

FOMO is like a sharp two edged sword and it can cut into pieces if you are not careful. A lot of people have fallen for this and they ended up getting screwed for it, while some ended up getting scared and selling for loss and that brings me to the part that even if you ended up in the FOMO space, and you could not sell back at the top to buy back at the bottom, hold and wait for the market to recover because it will always do.

[Ctn]

If we learn from our mistakes, what words of caution would you like to share.

I will speak from the perspective of altcoin investor. I would suggest, Do not trade coins very early which you might have bought in the presale of the ICO project. The reason is very simple, ICO projects are always claiming the higher prices when they get listed on the exchanger but there is always flood of panic seller which comes in and disturb the price. So the lesson is never ever sell your coins immediately after the coin get listed. You should be very patient and wait for the up surge to come when real development take places later in the time. ;-)

[Pa1n]

Every people can learn something here. This is a part of a life . You can go wrong, you can lose, you can win. Just be sure withyourself. Take risk,play with money.

[d1ceplayer]

Don't be too emotional. We all have ups and downs on this market. If correction and losses make you lose your sleep at night, you are doing it wrong. Do your ivestments (money, efforts, time) based on logic. Don't blindly follow other people advice.

And of course don't forget Warren Buffett's words: "Be fearful when others are greedy and greedy when others are fearful".

Emotion is always one aspect every newbie will always have to fight with in this space and most times it can be strengthened by just having all the basic knowledge and everything that is needed to know in the crypto space. Really, those buffets word has always helped me in the general market, as cryptocurrency sometimes seems to be like the stock market which is more like sell when it is becoming too good to be true and buy when everyone is scared of buying.

[Igromania]

If we learn from our mistakes, what words of caution would you like to share.

I have experience in this area is not big, but I can advise beginners, to they have examined the information how to store secret keys from wallet. Because there are a lot of scammers who want to steal your data and I've already lost so data.

[Asuka]

when you doing daily traders you must have good prediction dont panic when coins going decline its normal in crypto, its will going up again soon remember it

When the market is falling, don't panic, in the crypto world its a normal, down and up that's the life of crypto currency. But this year crypto is will be more powerful increase a high price.
When you did a mistake, don't lose your belief do your best until you succeed.

[duchaitp]

I think my mistake was not to keep the calm when the market was red and sold quite a lot. After that mistake I got a worthwhile lesson.