Most of the times new people buying in crypto gets screwed due to these factors: FUD - Fear, Uncertainty, Doubt - Dumps due to fear and entering a trade with an amount that they are unable to manage.
8
Reasons Why People Lose Money in Crypto Trading
- Start Without Learning.
- Do not Follow the News.
- Borrow Money.
- Not Understanding Margins.
- No Stop Loss.
- Trade Against the Trend.
- Trade only in Free Time.
- No Techincal Indicators.
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