laern

No risk management knowledge or planStarting too low. Betting too highNot waiting long enough. (Selling before it does go up.)Using capital needed for home expenses use.Transaction errors. (I have seen obviously bad crypto addresses with too many characters entered when viewing lists of transactions by address.)Trolling scamming “admins” or “support” that may lurk on forums or Telegram. (I’ve observed how they work plus had a few try to get me as an admin.)No financial math and chart skills.Lack of financial trading knowledge.We cannot be at PC or phone 24/7 to attend to any sudden changes. Cryptocurrency is global and at all hours so no rest time as with fiat currency trading.As with any trading activity, it is news dependent. Be aware and ready to change at any time. (I sold my recently sagging cryptocurrencies to more stable BTC and held my ETH and then wait to gain it back in $100 to $200 amounts.)Not flexible enough to recognize opportunities and claim them. If you ignore labels and look at charts and numbers, only, you can see where there are high percent increases to work with for a short period of time. I grabbed some ETC-USD profits in November that way.Not having a plan or goals. Short term? Long term? How much to add per month per paycheck? Day trading? Scalping? Year long investments with gains collected in December?Only using a phone for trading. Computers are better for investments because of bigger screen and more data you can see. Plus you can act faster and not have to keep it charged. Plus you can have more than one screen up at the same time.Lack of web security knowledge or refusal to complete all steps to protect account(s).Lost passwords. Lack of web use skills.Poor online account management means loss of web addresses, forgetting names of account sites and more. Use bookmarks to keep all your crypto sites in a folder.$TIA $DUSK $ZBT #laern #LearnFromMistakes #LearnTogether