TWO BIGGEST MISTAKES IN CRYPTO
- Getting your conviction in a coin based on price action.
This will cause you to sell low and buy high. 90% of people do this.
- Getting your conviction from others.
This will cause you to buy something because an influencer shills it. He uses followers as exit liquidity and sells high. And when price dumps, your conviction in price takes over and you sell at a loss.
Your conviction should come from research and personal use. Find value before others. Sit on it until the money finds value. When price matches your conviction, then sell it.
