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CRYPTO MISTAKES I KNEW LATE 1) Avoid emotional trading after a loss. 2) Be cautious of investing in new ICOs (Initial Coin Offerings). 3) Don't invest solely based on celebrity endorsements. 4) Consider the level of decentralization of a cryptocurrency. 5) Avoid investing in "dead" or abandoned projects. 6) Stay away from "miracle" trading bots or strategies. 7) Monitor market sentiment to gauge market trends. 8) Be cautious of investing in low-cap cryptocurrencies. 9) Don't invest in a cryptocurrency just because it's cheap. 10) Avoid sharing your investment strategies publicly. 11) Understand the potential tax implications of crypto trading in your country. 12) Don't trade when you're tired or not focused. 13) Avoid falling for phishing scams. 14) Understand the role of utility and security tokens. 15) Be aware of the impact of whales on the market. 16) Don't get discouraged by temporary price drops. 17) Be cautious of investing based on Reddit or social media "hype." 18) Avoid investing in projects with vague or unrealistic roadmaps. 19) Don't invest in a cryptocurrency just because it's listed on a popular exchange. 20) Use technical indicators wisely; don't rely solely on them. 21) Avoid trading with borrowed cryptocurrencies. 22) Don't ignore the potential impact of regulatory changes. 23) Be cautious of investing in overly complex projects. 24) Avoid trading during times of extreme market volatility. 25) Understand the concept of total supply and circulating supply. 26) Don't invest in projects with plagiarized or copied whitepapers. 27) Avoid investing in cryptocurrencies with suspicious team members. 28) Be cautious of investing in highly speculative assets. 29) Don't forget to factor in trading fees when making decisions. 30) Avoid leaving large amounts of cryptocurrency on online wallets. $XNO $QKC

CRYPTO MISTAKES I KNEW LATE

1) Avoid emotional trading after a loss.

2) Be cautious of investing in new ICOs (Initial Coin Offerings).

3) Don't invest solely based on celebrity endorsements.

4) Consider the level of decentralization of a cryptocurrency.

5) Avoid investing in "dead" or abandoned projects.

6) Stay away from "miracle" trading bots or strategies.

7) Monitor market sentiment to gauge market trends.

8) Be cautious of investing in low-cap cryptocurrencies.

9) Don't invest in a cryptocurrency just because it's cheap.

10) Avoid sharing your investment strategies publicly.

11) Understand the potential tax implications of crypto trading in your country.

12) Don't trade when you're tired or not focused.

13) Avoid falling for phishing scams.

14) Understand the role of utility and security tokens.

15) Be aware of the impact of whales on the market.

16) Don't get discouraged by temporary price drops.

17) Be cautious of investing based on Reddit or social media "hype."

18) Avoid investing in projects with vague or unrealistic roadmaps.

19) Don't invest in a cryptocurrency just because it's listed on a popular exchange.

20) Use technical indicators wisely; don't rely solely on them.

21) Avoid trading with borrowed cryptocurrencies.

22) Don't ignore the potential impact of regulatory changes.

23) Be cautious of investing in overly complex projects.

24) Avoid trading during times of extreme market volatility.

25) Understand the concept of total supply and circulating supply.

26) Don't invest in projects with plagiarized or copied whitepapers.

27) Avoid investing in cryptocurrencies with suspicious team members.

28) Be cautious of investing in highly speculative assets.

29) Don't forget to factor in trading fees when making decisions.

30) Avoid leaving large amounts of cryptocurrency on online wallets.

$XNO $QKC

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MY NOTES TO YOU I wished i knew about certain things during my first bull season experience but i missed it and traded at losses. I wouldn't want that for you and i made a list of things that could help you. Crypto is a big market but here is how things work in Crypto; ✍️ Bitcoin is the first signal of bull and bear season. ✍️ Money moves from $BTC --> $ETH --> Altcoins --> shitcoins. ✍️ Learning should be first thing you undergo before trading Crypto because being smart will get you rekt. ✍️ It will always feel like others are making more money than you in Crypto, others think same of you but focus on you. ✍️ Crypto has different avenues of wealth creation aside trading so pick what you can handle. ✍️ There are always more opportunities in Crypto, so don't kill yourself for the ones you missed but rather be prepared for others. ✍️ Trading is not for everyone, you can decide to invest by holding a token for long-term. ✍️ What really destroyed me was greed of waiting to take more on every trade instead of drawing my limit, cut greed and prosper. ✍️ Size your investment and store 40% as stables, you will definitely understand why someday. ✍️ Not everyone showing up huge trading balance are real, in this space know who you follow. ✍️ Crypto is a master at testing people's patience so bring alot of it when starting out. ✍️ Crypto trading has a process which first begins with spot trading before advancing to other trading options. ✍️ As much as i hate to say this, no Crypto project is a saint exception of Bitcoin so don't bank %100 trust on them, decide which asset class to trade and which to hold. ✍️ Crypto might not be perfect but it's the only form of money we have control over without being spied on. ✍️ Crypto is a shared believe and it has really united the world so support every good cause of Crypto and condemn every bad player in it. I want us to beat our chest in 50yrs to come and say this "Against all odds Crypto made it through". I hope you learnt something.
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