Overtrading
The biggest sorrow of those who are new to the cryptocurrency circle is that they enter the market in a bull market. In a bull market, everything they buy is rising. At this time, they lose their sense of risk and make more frequent operations. After making a few points of money from a coin, they place an order in another place where the price has not risen. They start to trade one place after another, and the final result is that they get the coin that keeps falling. Then they don’t have a sense of stop loss, and eventually they lose more and more and are eliminated by the market.
Overtrading is not a good operation for veterans who have been in the battlefield for a long time. They call it short-term operation. It is this kind of overtrading that makes them unable to see the direction of the market and eventually eliminated.
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