If you often find that the coins you buy go down and the ones you sell go up, here are three likely mistakes you're making:
1. LACK OF PATIENCE
A coin won’t increase in value immediately after you buy it. You need to give it time and be patient. Trading isn't instantaneous; you need to wait.
2. BUYING DUE TO FOMO
Don’t buy a coin just because it’s currently surging and everyone is buying it. By that time, it’s usually too late to join in. Buying at this stage means your money might end up being someone else’s exit liquidity. Stick to the golden rule: "Buy low, sell high."
3. TRYING TO CATCH A FALLING KNIFE
Avoid buying a coin when its price is plummeting. It's likely to fall even further. Buying at this stage means the price (and your investment) may continue to drop. This isn't a good strategy. Instead, wait for the price to stabilize and show signs of a bullish pattern before buying.