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⚡ 90% Of Crypto Traders Fail

Do you want to know the reason why?

Hey Blockster, Top crypto trading mistakes you should know to avoid losing money. Learn here Unlike long-term investments where you buy and hold assets for several months (or even years) before selling them for a profit, day trading involves frequently placing trades, often multiple times on the same day.   With the goal to capture short-term price movements, day traders leverage technical analysis via different indicators and strategies.   For that reason, the crypto market is an excellent choice for day traders due to the high volatility of the asset class, which provides great opportunities to place profitable orders.   However, while day trading is not as complex as most people believe, around 80-90% of day traders lose money in the long run.   And there are two key reasons behind their failure.   First, many traders lack a decent trading system to consistently utilize to generate profits on short-term price movements.   Instead of designing a strategy beforehand, which they could test and fine-tune, they jump right into placing huge orders with 100x leverage without even using a simple protective stop or profit target. As you can see, this is a super easy and quick way to lose your money.   Also, even when they have a good strategy, traders fail to execute it properly. Instead, they let emotions, such as fear, greed, and hope, influence all their trading-related decisions.   Check out this excellent article from our veteran trader to learn how to avoid making such mistakes- and become successful at trading crypto. In addition to the above story, we have collected more exciting articles for you today. Take a look at them below: The Bank Negara Malaysia Is Exploring The Possibility Of A Native CBDC – Instead of following El Salvador's footsteps to make Bitcoin legal tender, some nations take a different approach to adopting cryptocurrencies. Malaysia falls into the latter category, with the country's central bank exploring the possibility of launching a native CBDC.    Donating Crypto To Charitable Organizations – One of the earliest use-cases of cryptocurrency included sending coins to charities and other non-profit organizations. But why should you donate digital assets instead of fiat currency?   About: Barry Silbert – Barry Silbert is among the most influential individuals within the cryptocurrency space. With a Wall Street background, Silbert is the founder of the Digital Currency Group (DCG), the firm that at least partially owns Genesis Trading, CoinDesk, and Grayscale Investments.   Which NFT Projects Experienced The Largest Collapse In The Floor Price In 2021 – It's clear that 2021 was an excellent year for non-fungible tokens, with several auctions hitting record volumes and demand from investors. But what goes up must come down: let's find out which projects experienced the largest floor price collapses last year! Hope you enjoyed today's crypto stories. As usual, we will return with our newest collection tomorrow. Don't forget to check your inbox! Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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