RATE Group | Some Common Mistakes to Avoid in Cryptocurrency Trading
75230
post-template-default,single,single-post,postid-75230,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Some Common Mistakes to Avoid in Cryptocurrency Trading

10 Jan Some Common Mistakes to Avoid in Cryptocurrency Trading

Posted at 07:58h in Cryptocurrency News by

[ad_1]

Cryptocurrency trading is a risky affair owing to the volatility of the crypto market. Traders need to be aware of the market sentiment and implement their trading strategies accordingly. Experienced as well as novices can make various trading errors if they do not make judicious decisions regarding their investment. Traditional trading tools for minimizing risk have to be sharpened even further when it comes to cryptocurrency. Following are some of the mistakes new traders make:

  1. Lack of research into cryptocurrency market fundamentals

There is a horde of experts hawking the latest cryptocurrency as the best of all time. These experts are everywhere on Twitter and Facebook and even in pop-ups on various sites. A common feature is exorbitant returns; some even do not need KYC. The hidden truth is that several cryptocurrency frauds have been caught. Even for genuine ones, these experts are like brand ambassadors hired to advertise a product. They are lending their name to a…

[ad_2]

Source link

Tags:
, , , ,