10 common mistakes in crypto trading by Crypto Signals Telegram Group
Failing To Learn From Mistakes (Losing Trades) Experiencing loss is inevitable in crypto trading. However, traders’ attitudinal response to losses determines how frequent and significant these losses are. Many traders fail to analyze the reasons why they incurred losses. Consequently, the probability of the reoccurrence of these mistakes and eventually more losses are high. A trader should do a comprehensive analysis of losses in order to detect where he or she got it wrong. Missing Critical Trades Due To Inactivity Crypto trading requires a level of commitment as the crypto market is fast paced and it doesn’t wait for anyone. One of the differences between a winner and a loser in the market is their response to profit-making opportunities. Many traders fail to take advantage of price movements due to inactivity or loss of focus. Therefore, it is important that you set alerts which will notify you when the prices of assets reach the point you intend to sell or buy. This will put an e