i am new to trading crypto . a similar ghost named *Transaction fees* haunt the fate of new crypto traders.

I started trading when the #Lumia was at $0.5. Because of buying and selling when prices rise or fall, I had lost over $5.6 by the time the coin was at $1.68.

And I was wondering ! 😲 the coin has gained value but am losses! how comes?! Isn't this transaction fees the grave yard for all our financial souls!

The average growth rate for a coin within 24 hours is 2%. If you sell at 2% increase, it is not enough to cover the transaction fees spent on both buy and sell.

(Left for the thinkers to advise).