The 5 WORST Cryptocurrency Investing Mistakes to Avoid | Cheeky Crypto News Today Today we’re going to share our 5 worst …
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The 5 WORST Cryptocurrency Investing Mistakes to Avoid | Cheeky Crypto News Today
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Let's hope newer investors watch this video 🙏.
Time-stamps and adding numbers to each mistake would improve broadcasting your message.
I would add a few basic things i've noticed that new people do aswell. I know i did in the beginning..
1) They don't know how candlesticks form and what they mean.
2) Can't spot obvious support and resistance levels/zones and often trade into them so the price then goes against them afterwards.
3) They go against the obvious upwards or downwards trend and don't know how to see what direction the price is going in.
4) They use way to many indicators/oscilators on their charts so they get confused and often get analysis paralysis from that and don't know what do do because they get way too much information at once.
5) They use too low timeframes (1min, 5min etc) on their charts so they get too much information and too fast so they get stressed out. Trading isn't supposed to be stressful.
am new in the crypto space from Pak. I follow u guys regular and thanks a lot for the details TA in other videos. Please can you do a brief video on crypto terms such as fibannci, leverage, short profits, long etc. A lot of beginners would be able to grasp the context much better than. thanks a lot guys
lets get into it, only thing boys want is put the thing in everything
In my experience when managing a smaller portfolio, I find that if I had just bought and held for 2-3 months instead of buying and selling trying to chase fast gains would have made me so much more money. I have finally learned that lesson but it certainly was a trial by fire lol. Your videos have definitely been a godsend for a noob like me. Thank you for all you do 🙂
Don't try to chase the top, rather take profit overtime in percentages(such as once you .5/1x take your initial investment, then if it 2x take 20%, if it 5x take 50%, etc).
You guys need to check with me before purchasing anything. If you you'll wait one day after I purchase, you'll get a 50% discount.
#1 No fomoing in. #2 Not doing plenty of research. #3 Listening to your dumb friends . #4 Don't put Crypto on a credit card. #5 Don't sell on the dips. 😡☠👿 From the Wild Wild West California Central Valley
Tax effective trade strategies to reduce capital gains tax and/or discounts for crypto trading information would be good. Just some education not tax advice because everyone’s portfolio is different.
Digital currencies continues to reshape the world globally, it's hard anyone going against them these days.
Now every youtuber is cryptocurrency expert
How do I join your telegram or WhatsApp group, please?
Thanks lads! Again very very valuable information and with that you are really contributing to people committing to the crypto space. Just keeping it real, love it! Great work lads! 🙏🏻🙏🏻
XRP and Vechain. Potentially massive gains.
Stock but crypto more profitable
I think to start off with if you have a few hundred to invest for the first time, buy into more solid, well known coins around either the £1 / $1 Mark or the £0.07 / $0.09, after watching them and looking back to where they've 'consistently been prior to the crash
Wow the quiet guy spoke more today 😍
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I did not have exit strategy and my investment is down 60%.. what should I do? (ICP coin)
Your tone of voice when speaking about your sponsor sounds like a shampoo advert
I did have all my money in ADA for almost a year and then i diversified into vet and harmony. Missed out on about 8 grand so far in the short term.
Harmony update please
Thanks guys, how very genuine of you. I appreciate all that you do
Matic is ready to explode again !!!!
Waiting for a dip instead of buying at the moment 😓
by far the most exposure video for Chris! Love what you guys are doing👍🏼
If you buy green candles you will get red dildos 🥵
My beginners crypto mistake was buying at the top. I entered the crypto market early April 2021 when Bitcoin was mid $50s. I’m down about 35% as I write this. I’m using a HODL strategy so we’ll see how it plays out the next few years.
I picked up some Cardano and although I’m down a bit at the moment I think I’m in a good position at an average price around $2.00. Also snagged some VeChain on the dip and am actually up about 12%.
I’m not a trader and made these investments specifically to hold for the long term. Watching the daily market movements is a helluva ride. I don’t worry about the ups and downs and focus on 2025.
Thanks guys 😌😌😌
The same people who thought Bitcoin at $100 was expensive, now think it is fairly valued at $38,000 " in trading you can't stop loss from happening but you can avoid big loss by using stop loss in your trades ,learn about blockchain instead of going to college
Let’s be honest, who’s a habitual risk taker here? 🙋♂️
5.1 stick to the plan you made, don't change it based on emotions
Investing in crypto is the best lucrative way of making money now
For real crypto is profitable
Crypto is the new gold
One thing I would add: TRUST YOUR PLAN.
It's so tempting to just make YOLO moves but more often than not, you lose money when you YOLO. It's especially important for someone like myself who has ADHD to just force myself to stick to my plan no matter what happens on the micro level. At one point, my order history looked like a child's messy playroom lol
I'd also like to ask…anyone else feel like there's a bull trap mounting in the market right now??
Excellent work, as usual, guys! One food-for-thought-comment. I don't necessarily disagree with Nick's tip to set stop losses – especially if that's all integrated into a careful exit strategy plan on the upside and downside of an entry position. That said, a simple hodl strategy for a project you've researched and bought because you think there's strong, long-term upside potential may be best. I made HUGE panic selling mistakes as a newbie entering in 2017 and not knowing what to do as the 2018 crash hit. Yes, stop losses would have mitigated that – but had I just held, I'd have been fine and well into the green in the long run, without the stress of gaming continual "reentry, stop loss, reentry, stop loss" cycles. And for beginners, figuring all that out, as opposed to simpling hodling, may be a tough ask.
Thx for the vid guys