Podchaser Logo
Home
Episode 2 - Top 10 Mistakes New Traders & Investors Make In Cryptocurrencies - Part 1

Episode 2 - Top 10 Mistakes New Traders & Investors Make In Cryptocurrencies - Part 1

Released Saturday, 21st August 2021
Good episode? Give it some love!
Episode 2 - Top 10 Mistakes New Traders & Investors Make In Cryptocurrencies - Part 1

Episode 2 - Top 10 Mistakes New Traders & Investors Make In Cryptocurrencies - Part 1

Episode 2 - Top 10 Mistakes New Traders & Investors Make In Cryptocurrencies - Part 1

Episode 2 - Top 10 Mistakes New Traders & Investors Make In Cryptocurrencies - Part 1

Saturday, 21st August 2021
Good episode? Give it some love!
Rate Episode

In this podcast I discuss the top 10 mistakes new traders and investors make in Cryptocurrencies. This is part 1 of 2.  So in this episode, you will learn 5 of the 10 mistakes.

I will cover:

Mistake 1 - Investing or trading in a Cryptocurrency based on a rumor.
Mistake 2 - Not taking time to learn the markets because of FOMO (Fear Of Missing Out)
Mistake 3 - Day Trading Without Mental Preparation & A Plan
Mistake 4 - Overemphasizing Profits While Underemphasizing Losses
Mistake 5 - Setting Irrational Profit Targets Based On Round Or Even Numbers
 

Services and links mentioned in the podcast:

Crypto Analysis:
www.intotheblock.com
www.tradingview.com

Crypto News:
www.coindesk.com
www.bitcoin.com

Round Numbers & Psychology:
https://news.rpi.edu/content/2020/07/06/consumers-prefer-round-numbers-even-when-specific-number-better-news   

TO LEARN ABOUT CRYPTOCURRENCIES:  WWW.BLOCKCHAINIMMERSIVE.COM

Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features