$BTC
Common Mistakes Newbies Make
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Fatal Mistakes Newbies Make:
1️⃣ A slight fluctuation leads to rushing to fully invest, blindly going all in emotionally
Such operations
Often fall into the traps of following trends and impulsiveness
Turning investment into gambling; the market never lacks stars but lacks longevity
There’s no concept of managing risks or experience in position management
Buying coins has always been about going all in at once
2️⃣ Blindly chasing highs and cutting losses during downturns
When the market has even a slight disturbance
They rush to enter or exit
Such operations
Can easily lead to significant capital losses
The mindset starts to break down
Solution ⬇️
Be a little calmer and more rational
Investment is not gambling
The only difference between gambling and investment is the bottom line
Any asset requires calm analysis and rational judgment
Make a well-defined investment plan
Don’t blindly follow the crowd
And don’t rush for quick success
Learn to wait and be patient
The market has its own rules
It won’t change due to your urgency
Wait for the right opportunity
Hold patiently
That is the key to profit