When I was still new in trading in bitcoin/USD. I saw that the price increase is happened rapidly after the bitfinex issue and that’s my first mistake that I have to do panic selling since I was new way back that time and my second one is when the price went up to $1,250+ but I didn’t sold some of my coins which can allow me to buy new coin at low price, but it didn’t happen.
That is a common mistake not just for new user but even for experience traders, people how tend to trade with a lot of capital when the yes, the price going doing they panic and go selling trying to cut their losses.
The other mistake is people get greedy so they miss the right time to sell when the price goes up, when it comes to trading you have to be your own judge and decide on your own.
Published at Thu, 30 Mar 2017 10:07:04 +0000
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]
By CashlessWay – Global Hub for ePayment Culture on 2014-06-28 09:38:58
