Top 5 Rookie Investing Mistakes for CryptoCurrency!!!! What I learned!!!

in #cryptocurrency7 years ago (edited)

Have you wondered if other people share the same problems as you when investing? You know by buying high and then selling low? Below I outline alot of my own personal mistakes and hopefully you can learn from them!

Enjoy


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Great video, thanks. You're becoming my crypto-go-to guy!
Where can I find the Portfolio edition that you're mentioning in the beginning of this video?

Found it:

@cryptobud
Do you have a strategy to address FOMO?
Would you recommend something like committing yourself to keep the investment for a certain period (e.g. 1-3 years) after you did your research?

It also seems a difficult to combine with the cut your losses recommendation. It often happens that a good long-term investment starts with a decrease of value in the short-term as you want to buy the asset when it's cheap (on a downtrend). How does your "system in place" look like?

Yes it really depends on the situation, but basically if you are able to hold for 3 years you are good

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