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RE: 5 Common mistakes new traders in crypto make

in #bitcoin6 years ago

Nicely explained. It's true that most of the coins are scam but we need to be very careful while selecting coins to invest. Better we should invest in top 10 or top 20 coins so there would be low chances of scam. Trading is tedious task but it can be easy if done with proper research. Thanks for the post @the4thmusketeer

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Hi

I think most of coins out there are not necessarily scam, but those are projects run by people with no experience in managing large money. Wouldn't you agree?

Cheers @alokkumar121


I invested in Bitcoin Cash this year in January but after the split or you can say hardfork its a big time loss. I am still hopeful for long term but don't know bro howlong.I didn't mean to say exactly that these are scams but as you said that these are managed by people who don't have that much experience to manage in the proper direction. I agree with you @crypto.piotr

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hi @alokkumar121

Thank you again for your kind comment. And hope to "see you" in 2019 :)

Yours
Piotr

Thanks @crypto.piotr for all your support this year and looking forward to work the same way or even better next year together. A very happy new year to you and your family.

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Yes, good point here crypto piotr. Most of these projects are run by people who have never had this kind of money, and they launch their $5 million ICO, and then they panic and often make a lot of mistakes.

Yes @the4thmusketeer this is a valid point and Crypto.piotr always raise great points like and this is what I love about him. He has very good of blockchain and cryptocurrency.

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