# Mistakes to avoid during cryptocurrency trading

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In addition to bitcoin mining, can also trade bitcoin through bitcoin.co.id. This might be more convenient than doing bitcoin mining. The concept is that we buy bitcoin when the bitcoin price is low and sell it back when the bitcoin price is high. The difference is the profit we get.

There are many mistakes that beginners make in trading or investing. Almost everyone is committed to trading cryptocurrency errors, and for some it takes years to learn until you can.

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Be anxious about your trading

If you open a position in the market to make your sleep difficult or your mind becomes chaotic, menggingat you to trade with capital is too big or you are not confident enough about what has been done. If the risks interfere with you, subtract your trading amount. If you are unsure of what you see, remove open positions and wait for better opportunities.

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Be quick to panic or anxious

Whenever you are a long-term investor, just like a trader, you must have a predetermined plan when to sell (or not sell at all) if panic happens. That way, you know what to do when others panic and chances are you will exit the market with a huge profit mebawa.

Basic Trading Tips

Basic Trading Tips When The Market Is Positive

A positive market condition is a condition in which another bitcoin or cryptocurrency market is in a state of continuous rise in the state throughout the day.
In these conditions is very easy to monitor and suitable for quick play because the market price moves quickly.
With you simply buy bitcoin at a cheap price and sell at a price slightly higher than the purchase price and fee.

Basic Trading Tips When The Market Is Negative

In this case it is very frightening to do trading, because in general the newly learned trading often incur losses by selling coins at a low price for fear the coin will be a scam or maybe the coin will not rise anymore so it sells coin at the cheapest price possible let me not lose it completely .
To overcome the mistake of purchasing the coin is already expensive and at that time coin continues to fall we have to lose money to overcome it.