These are actually really simple and easy to make mistakes :).
Another mistake Ive personally learned from trading cryptocurrency chasing dollar gains rather than coin gains.
For example over the time everone wants to make more money right. Some people as soon as they see a little bit of profit they take it away and probably spend it .
What I do is I actually buy more of any coin when it is on special I mean whenever its on dip or low. Doing this over the time even if you accumulate every day lets say 0.01 any of your favorite coin at the end of the year youll have more than what you invested in .
For example I've started doing this on 11 january and whenever it was high of the day Ive sold everything i have from ETH and then the next day or so I've bought it back from cheaper price . That way I had more ETH then Ive started.
Good luck :).
Thanks for everyones support :).
Also dont forget the resteemit so everyone can learn about these typical mistakes.
Let me tell you something .
These are actually really simple and easy to make mistakes :).
Another mistake Ive personally learned from trading cryptocurrency chasing dollar gains rather than coin gains.
For example over the time everone wants to make more money right. Some people as soon as they see a little bit of profit they take it away and probably spend it .
What I do is I actually buy more of any coin when it is on special I mean whenever its on dip or low. Doing this over the time even if you accumulate every day lets say 0.01 any of your favorite coin at the end of the year youll have more than what you invested in .
For example I've started doing this on 11 january and whenever it was high of the day Ive sold everything i have from ETH and then the next day or so I've bought it back from cheaper price . That way I had more ETH then Ive started.
Good luck :).
Thanks for everyones support :).
Also dont forget the resteemit so everyone can learn about these typical mistakes.