During trading, I sometimes listen to the news or rumors that trigger me to buy or sell my crypto without verifying the facts. Also sometimes I tend to buy more on downtrend crypto in hoping that that was the dip price where in fact the falling is still on-going. These habits of mine should be correctly immediately or else I might experience more serious problem.
How about yours? What are your bad habits in trading?
Right now I don't have good or bad habits, because I'm just paper trading and gathering some knowledge and experience, while testing my strategies with no risk. Commenting on your post, I don't think that buying on rumors without verifying facts is entirely a bad habit. Crypto markets are still very volatile, and people will most certainly react on those news as well. People react on fomo and fud, and that creates good trading opportunities. I think your should always use technical and fundamental analysis combined, so you can of course jump on news, if you are also getting indicators based on technical analysis that confirms that the markets are reacting to the news.
A clear example is the recent fud related to a possible hack with binance. Nothing was confirmed, but it was enough to spook the markets. Selling on those news would allow you to get a good trade.
