What are the mistakes that traders make?

What are the mistakes that traders make?

1. Keeping capital in a place other than a wallet is prohibited!
Never store your capital in a place other than your wallet. Sometimes some people keep their capital in an exchange wallet for a long or short period of time. This is very wrong. If your desired exchange where your capital is stored falls into the hands of hackers or profiteers, all your capital will definitely be lost. With this account, we conclude that only when you are going to buy and sell, enter your capital into the exchange and then withdraw your capital again if you want to stop doing this for a while. This is better for you because you can better manage your capital.

2. Greed is forbidden!
There are many people who are greedy in global markets, especially digital currencies. People who are active in this area should not be too greedy because if this happens, it may destroy them. Our suggestion to you is that you should not buy with your emotions and let them make perfect purchases at the right time.

3. Excessive risk is prohibited!
Risk in financial markets should be equal to greed. If you take too much risk in the digital currency market, you may face many failures. If this problem happens, your capital will definitely be lost.
You may have heard that Bitcoin, for example, will have its best price in the next few days. Therefore, after hearing this news, greed comes to you, and this event makes you buy emotionally.

4. Repeating a mistake is prohibited!
Before you enter the trading market, you should know that every trade is a lesson for you. In every transaction, you get many lessons that you should remember. No human being will make the same mistake again, and definitely, if this happens to you, you should know that one day you will lose your capital.