How to prepare a loss in crypto trade!

Take a look how not to make a investment in crypto.

As a teenager and a beginner, I always admire that i can be a successful day trader but i end up being broke and lose all my money that i get from my parents as so called allowance, because of my teen instinct of getting rich in mean time i end up losing all my money in crypto trading because of lack of patience and knowledge. Most of the trades that i made all bear loss whenever it's a long run or a short run also teach me a lesson that patience is the sole key of investing and greed is the enemy of investing.

Most of the people came to invest and want to be rich but end up being broke because they think it just buy less and sell high all they miss that it's a big market with lots of whales and masters that are waiting for us to make us broke .

So how to prevent that kinds of mistakes in trading.

Firstly we all need to understand crypto market and trends . Secondly, Invest only that much amount you are able to lose and never invest more than that you can't afford to lose.

Panic buying and selling

It is the biggest problems in most of the traders that are new to trading because the market is never the same and can change anytime so always think further and than make a trade. Remember panic baying and selling make you regret and even lose all your money in a long way.

All we need to understand that all those poor trades are making us more focused and self centered towards crypto and money making and all those things are gonna make us to understand the market and the bright carrer towards the future.

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That's for today guys, see you soon.

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