Common Mistake made by New Traders
A lot of people are entering the cryptocurrency space and everybody is making a common mistake, chasing the pumps.
If you check this image, people normally fall for a pump, and then eventually sell for making a loss,
it should technically work in a reverse order, you have to buy the coin before time, and then try to sell when the pump happens.
It is a sorry state that people are drawn to being rich, but not drawn to identify the coins which show such pump capability.
This has been the common scenario where, John McAfee refers a coins and almost everyone is loosing while trying to make a safe trade.
But, as a human tendency, nobody would really understand, unless they loose money trading.
Source:https://twitter.com/Fullbeerbottle/status/957639741951873024
Sangat benar sekali teman
One of the best things to learn when you start trading is to not buy an all time high. FOMO is a beast.
I have lost money on this fault too, and I learnt it the hard way
@originalworks