I liked this post, and it's so true.
Post
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Galal abdelhakim
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Why Do 90% of Cryptocurrency Traders Lose?
The cryptocurrency market is unforgiving to anyone who enters without a plan. Statistics show that more than 90% of new traders end up losing money within their first year. Not because the market is impossible, but because they keep repeating the same mistakes.
Here are the real reasons people lose:
1. FOMO syndrome — fear of missing out
The most dangerous disease in trading. You see a coin rise 20% in an hour, so you jump in immediately for fear of missing out. Most of the time, you’re buying from whales who are selling at the top, only for the price to drop 15% on you the next day.
Here are the real reasons people lose:
1. FOMO syndrome — fear of missing out
The most dangerous disease in trading. You see a coin rise 20% in an hour, so you jump in immediately for fear of missing out. Most of the time, you’re buying from whales who are selling at the top, only for the price to drop 15% on you the next day.
