Bitcoin Forum
May 07, 2024, 09:54:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
Author Topic: 5 errors when buying crypto currency  (Read 1257 times)
PuertoLibre
Legendary
*
Offline Offline

Activity: 1834
Merit: 1003


View Profile
January 07, 2019, 09:13:15 PM
 #141

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.
1715075642
Hero Member
*
Offline Offline

Posts: 1715075642

View Profile Personal Message (Offline)

Ignore
1715075642
Reply with quote  #2

1715075642
Report to moderator
1715075642
Hero Member
*
Offline Offline

Posts: 1715075642

View Profile Personal Message (Offline)

Ignore
1715075642
Reply with quote  #2

1715075642
Report to moderator
1715075642
Hero Member
*
Offline Offline

Posts: 1715075642

View Profile Personal Message (Offline)

Ignore
1715075642
Reply with quote  #2

1715075642
Report to moderator
"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715075642
Hero Member
*
Offline Offline

Posts: 1715075642

View Profile Personal Message (Offline)

Ignore
1715075642
Reply with quote  #2

1715075642
Report to moderator
1715075642
Hero Member
*
Offline Offline

Posts: 1715075642

View Profile Personal Message (Offline)

Ignore
1715075642
Reply with quote  #2

1715075642
Report to moderator
AlexZHankok (OP)
Member
**
Offline Offline

Activity: 336
Merit: 92


View Profile WWW
January 22, 2019, 06:15:47 PM
 #142

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.

playboy654
Member
**
Offline Offline

Activity: 546
Merit: 32


View Profile
January 22, 2019, 07:16:30 PM
 #143

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.


What I'm thinking is don't make telling about there's only because it is a common thing that we have to regret every time so we can make the thinking of good things to be trade for many times if you're thinking positively that you are the most profitable person.

rhomzkie26
Full Member
***
Offline Offline

Activity: 476
Merit: 100



View Profile
January 22, 2019, 08:16:18 PM
 #144

Perhaps the errors when buying crypto currency are such as follows:

1. Don't just easily get attract to buy token in every ico project.
2. Avoid buying shitcoins that has no volume in volume in the market.
3. Never listen to any FUD news here in the forum about the coins they are announcing it
    because they are just hyping anyone here to buy their token.
4. Never join in any PUMP and DUMP group here in the forum or in telegram
5. Don't follow your emotion always, just observe it first before anything else.
Victorycoin
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 517



View Profile
January 28, 2019, 12:02:54 AM
 #145

All of your suggestions are enough good to follow for trading. But there might be another reason called emotion. We should not make any trade by emotion we should make a trade after appropriate research.
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!