Why 90% of new investors lose money?

skrimon

Well-known member
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Hi Trader!
We are now in the New Year of 2023, and I would like to share with you the most common reasons why new crypto investors are getting "rekt" and losing money. Regardless of your crypto investment or trading strategy, these should be prioritized. Once you have corrected these errors, you will be able to make rational crypto decisions and prepare for the next Bitcoin bull run.

Why ninety percent of new investors lose money:

  • being unfamiliar with crypto markets and the structure of market cycles. The market is cyclical.
  • entering the crypto market at the wrong time, during the bull market's peak. The media's encouragement of new investors to enter the crypto space at market peaks facilitates crypto's mainstream adoption.
  • not grasping the complication of cryptocurrencies. 90% of people do not comprehend cryptocurrencies or how to purchase their first Bitcoin.
  • lack of technical knowledge regarding the storage and transfer of crypto funds. Sending cryptocurrencies to the wrong blockchains, as a result of insecure management of sensitive private and log-in data, results in the loss of funds for numerous users.
  • exhibiting impatience and avarice with a "get rich quick" mentality. Capital flows from weak to strong hands, or from impatient to patient investors, on financial markets, including the crypto market.
  • making uninformed decisions due to a lack of market dynamics and price behavior knowledge. Many investors are unaware that the market follows consistent patterns or waves.
  • making irrational investment and trading decisions based on emotions and a lack of market psychology understanding. The crypto market, like any other financial market, reflects human emotions. Fear and greed typically cause investors to commit the same errors.
  • not understanding crypto security precautions. Frequently, funds are lost due to inexperienced users losing access to their wallets or private keys and falling victim to con artists. .
In any case, a great number of traders have recently been encountering a great deal of difficulty in locating an IDEAL trading brokerage company that is trustworthy and provides the most favorable trading conditions that are currently available. And... with regard to this particular matter, AssetsFX-org is continually making a name for itself by presenting retail market traders with new business opportunities.

My non-financial advice for newbies would be to learn the fundamentals of cryptocurrencies in depth, develop a solid set of technical crypto and safety skills, and spend three to six months observing and monitoring crypto markets.

Before making your first crypto investment, take some time to educate yourself and avoid rushing into the market.
Invest in yourself for a better future, advises Cryptolearn.

Follow us here for more ideas and educational content on how to become a successful investor.
 
The main reason why investors lose money in trading forex or crypto trading is that lack of knowledge and blind at all about the market, just like walking in the dark without light, it could make them astray and never reach their destination.

However the market itself very dynamic movement and unpredictable, here traders just trying to analyze the market based on their own perspective using technical or fundamental analysis. and in fact, they can't drive the market move based on their taught.
 
Agreed mate, I would also add the fact that they are curious about making quick money, thinking that forex market might be this - a quick cash grab overnight, but in reality, it is much more complex than one can imagine. So they go right into trading blindly and causing them to lose the money.
 
New traders suffer in Forex due to two reasons including the lack of trading practice and wrong broker selection. Every broker allows traders with a demo account for the assistance of practicing. FXOpulence offers free educational program and a demo trading account.
 
not grasping the complication of cryptocurrencies. 90% of people do not comprehend cryptocurrencies or how to purchase their first Bitcoin.

It is completely true, Cryptocurrencies are complex and many people can not comprehend them fully. It could be advisable to educate ourselves about the basics of them and gradually increase our knowledge of them and also start with the small amounts.
 
It is completely true, Cryptocurrencies are complex and many people can not comprehend them fully. It could be advisable to educate ourselves about the basics of them and gradually increase our knowledge of them and also start with the small amounts.

In FXOpen broker, CFD cryptocurrency in UK and Australia is only for those who included professional client-based FCA and ASIC regulation rules, trading crypto is also risky, I have a friend lost money because tempted want to make an easy profit without doing anything just following the signal from the referrer.
 
In FXOpen broker, CFD cryptocurrency in UK and Australia is only for those who included professional client-based FCA and ASIC regulation rules, trading crypto is also risky, I have a friend lost money because tempted want to make an easy profit without doing anything just following the signal from the referrer.

And what does fxopen have to do with the topic?..
 
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