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Post by JoelJin on Nov 27, 2021 11:25:08 GMT -5
we wanted to share one psychological aspect that comes into play when a false golden opportunity is presented to you and that is Fear of Missing Out. Here’s how it works. Often, novice traders will see a pattern in which Bitcoin experiences a rise in value over a certain period.
Thinking that this is too good of an opportunity to pass as Bitcoin will rise more in the following days, they invest a lot of money into it. But, since Bitcoin's volatility rate makes it unpredictable, it drops in value shortly after and instead of scoring a profit, they end up losing money. Dealing with FOMO is very important as it will make a huge difference.
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Post by Robert on Nov 28, 2021 9:32:45 GMT -5
Using transactions on the exchange is always a high risk, yes, it is not recommended for beginners. But you can set a goal and go towards it gradually. I use the coinbase exchange myself. I like that this platform is convenient and has a lot of discounts for private investors. I don't need a broker when I work here.
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