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Author Topic: The three biggest mistakes you should avoid  (Read 11251 times)
akungagal
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August 11, 2019, 01:53:18 PM
 #201

Not Using Stop loss is also a big mistake. It is very risky to trade without stop loss.
true, stop loss is also very important to be careful not to lose too much.

indeed in trade we must pay attention to many things so as not to get a loss. even though we have paid attention to this and that, the risk is still in our midst. that is why being a trader is very difficult, we must learn quickly so as not to be left behind.

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August 11, 2019, 03:08:50 PM
 #202


  • Panic Buy/Panic sell.
    In both cases, you will lose your money
  • Ignore Capital management. 
    If you ignore Capital management you will be gambler not trader
  • Following a signal Without risk assessment or stop loss.
    You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
    by this way you can set Your Own risk and know what you do.
These 3 things often happen in the world of cryptocurrency, and I think it depends on each person itself because everyone has a different way of dealing with a thing. Some people, when they see the price of the coins they hold, will choose to look at the cause and analyze it to predict the likelihood that will happen later, but some people will be afraid if the price of the coin is falling so they choose to sell it. So I guess that is already the personality of everyone and only that person can avoid it
hongus
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August 11, 2019, 03:57:22 PM
 #203

I am a hunter. I am a casino player. This is just Russian roulette. Not when you do not please which project will bring profit today. Of course, in any business, the most important thing is money management. Here, to become rich is an important factor. Let's say invest in the winter in ETH for $ 80 and sell for $ 360. Mindfulness control. Job.

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August 11, 2019, 04:03:29 PM
 #204

You have made mention of the things that should be avoided as crypto trader, The one endorse most is Panic buying/Panic selling because this is the category most traders fall a victim of, all in the because they are afraid of missing out.

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August 12, 2019, 09:22:39 AM
 #205

Hello there, are altcoins set to be traded or mined as well? I've been trading for a while but just considered such possibility, I have a productive PC maybe it's time not to play PC games but start using it in a better way Smiley
RiskoMania
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August 12, 2019, 09:29:10 AM
 #206

Hello there, are altcoins set to be traded or mined as well? I've been trading for a while but just considered such possibility, I have a productive PC maybe it's time not to play PC games but start using it in a better way Smiley
Hi, yeah, altcoin mining is a possible thing but you will hardly ever feel this mining results. There are now thousands of mining options. Mining on PC is just irrational
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August 12, 2019, 09:32:30 AM
 #207

Hello there, are altcoins set to be traded or mined as well? I've been trading for a while but just considered such possibility, I have a productive PC maybe it's time not to play PC games but start using it in a better way Smiley
Hi, yeah, altcoin mining is a possible thing but you will hardly ever feel this mining results. There are now thousands of mining options. Mining on PC is just irrational
What options are there? You mean mining farms? Or what?
keziakusayang
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August 12, 2019, 09:35:38 AM
 #208

true what you said, and now most of what happens is panic sell where when prices continue to fall coin holders agan in a hurry to sell it so as not to experience more losses, once I was so but now it has changed and no longer want to rush in make decisions.
RiskoMania
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August 12, 2019, 09:40:05 AM
 #209

Hello there, are altcoins set to be traded or mined as well? I've been trading for a while but just considered such possibility, I have a productive PC maybe it's time not to play PC games but start using it in a better way Smiley
Hi, yeah, altcoin mining is a possible thing but you will hardly ever feel this mining results. There are now thousands of mining options. Mining on PC is just irrational
What options are there? You mean mining farms? Or what?
No, not mining farms, bro. It's an outdated one, now mining community uses asic rigs to achieve instant results.
FloatOn70s
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August 12, 2019, 09:44:33 AM
 #210

Hello there, are altcoins set to be traded or mined as well? I've been trading for a while but just considered such possibility, I have a productive PC maybe it's time not to play PC games but start using it in a better way Smiley
Hi, yeah, altcoin mining is a possible thing but you will hardly ever feel this mining results. There are now thousands of mining options. Mining on PC is just irrational
What options are there? You mean mining farms? Or what?
No, not mining farms, bro. It's an outdated one, now mining community uses asic rigs to achieve instant results.
Asic? As I see it's something about special devices developed specially for mining, yeah?
RiskoMania
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August 12, 2019, 09:50:50 AM
 #211

Sure, moreover, if you are interested in this sphere, I can give you some useful links. So you can decide if you want to start or not
FloatOn70s
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August 12, 2019, 09:55:09 AM
 #212

Sure, moreover, if you are interested in this sphere, I can give you some useful links. So you can decide if you want to start or not
Yeah, please, I would be pleased. I am interested as this is something like a passive income. I am interested in such income
RiskoMania
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August 12, 2019, 09:57:13 AM
 #213

Sure, moreover, if you are interested in this sphere, I can give you some useful links. So you can decide if you want to start or not
Yeah, please, I would be pleased. I am interested as this is something like a passive income. I am interested in such income
I see, I have ordered all my rigs on asicequipment com. They have plenty of devices represented and timely clearances as well
FloatOn70s
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August 12, 2019, 10:02:56 AM
 #214

Sure, moreover, if you are interested in this sphere, I can give you some useful links. So you can decide if you want to start or not
Yeah, please, I would be pleased. I am interested as this is something like a passive income. I am interested in such income
I see, I have ordered all my rigs on asicequipment com. They have plenty of devices represented and timely clearances as well
Yeah, I see. Prices are high, how long does one miner take to payback?
RiskoMania
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August 12, 2019, 10:03:55 AM
 #215

Sure, moreover, if you are interested in this sphere, I can give you some useful links. So you can decide if you want to start or not
Yeah, please, I would be pleased. I am interested as this is something like a passive income. I am interested in such income
I see, I have ordered all my rigs on asicequipment com. They have plenty of devices represented and timely clearances as well
Yeah, I see. Prices are high, how long does one miner take to payback?
In my experience, based on what I have ordered on asicequipment it takes on average half a year depending on what number of devices you order, the more the quicker
Rahib khan
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August 17, 2019, 05:45:35 AM
 #216


  • Panic Buy/Panic sell.
    In both cases, you will lose your money
  • Ignore Capital management.  
    If you ignore Capital management you will be gambler not trader
  • Following a signal Without risk assessment or stop loss.
    You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
    by this way you can set Your Own risk and know what you do.
Cryptocurrency is risky to invest here with money you don't care and then you can make money thx for your advice
ajja
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August 17, 2019, 06:33:43 AM
 #217

panic sell is the most common, even I often so, what you said is true, I totally agree. from that all the most important in my opinion is the belief and commitment to an investment and where the investment we choose. investing in crypto is very risky but the risk is worth the benefits we will get.
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August 17, 2019, 07:23:56 AM
 #218


  • Panic Buy/Panic sell.
    In both cases, you will lose your money
  • Ignore Capital management.  
    If you ignore Capital management you will be gambler not trader
  • Following a signal Without risk assessment or stop loss.
    You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
    by this way you can set Your Own risk and know what you do.



I totally agree with you on this post. Nothing is more disastrous than any of the things highlighted here. There is no beauty in trading if it goes down like this. One will soon be left with regrets at the end of the day wishing some decisions were not made out of panic or fear of the unknown

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August 17, 2019, 07:31:09 AM
 #219

I agree with you. These are the common mistakes that one traders does while trading. Even it can be avoided by remain patient, by following proper money management, control greediness and always trust your own analysis

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August 17, 2019, 09:36:54 AM
 #220

Getting rich in crypto is not easy and don't rely on whatever you get ,be willing to hunt for more because there is no certainty on any token or coin ,rely on your judgment and don't stop learning

Nothing in life seems easy but crypto is the sure way of becoming rich. Those that still doubt crypto will lick their wounds later. Only ‘fools’ make the millions and the billions in life, ‘wise’ men don’t. They are historians and analysts that earn them the paralysis of analysis, hence they are POOR (Passing Over Opportunities Repeatedly). Crypto is all about hodling while your deal mature

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