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
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More