What my carelessness caused me in crypto trading

avatar

My carelessness in crypto trading

Every man who works for his money is cautious on how he spends it. Yay! Every reasonable man, I mean. As crucial as money is, it can be gained or lost depending on how the user invests it.

20230822_224120_0000.png
Designed with canva

Hive has taught me many lessons that won't be forgotten in a hurry. I know what it means to earn from #hive; either through quality posts or comments, then all of the sudden a Hivian loses some amount of money either from investments or wrong placing of trade.
What do I mean by "wrong placing of trade?" It is a situation I faced twice out of my carelessness.

These two occasions happened when I was using the tribaldex interface. I wanted to sell a second-layered token at a high rate but I ended up buying it. Mhen! I was so sad and confused at the same time. However, I had to sell what I bought still at a rate, but this time at a higher rate; I had to forcefully learn patience and it resulted that one bought at that price I placed, though it took weeks but it was a successful trade.

Screenshot_20230822-205644_1.jpg
Screenshot from binance account

What lesson did I learn?

Diligence is a skill that should be employed in crypto trading else you will have unexplainable losses. From what happened to me, "experience was my teacher." It is best if you learn from my mistakes and be diligent in trading.

Gladly, I was able to buy more #hive from my binance and then swap to some second-layered tokens. In this bear season, don't miss buying more and staking more.

Screenshot_20230822-205750_1.jpg
Screenshot from binance account

The BULL SEASON is coming!

If you wish to know a second-layered token to invest in, #leofinance is highly recommending because of its fundamentals and ability to withstand the bear season; others include #Splinterlands, #Alive, #GLX, #Cent, etc.

Do You Know?

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Also

Splinterlands game is termed the "next generation of collectible card games" in which allows players to collect, trade, and battle with provably scarce digital collectibles with real-world value. Battles on Splinterlands Unlike most trading card games, are fast and furious, and are usually completed within few minutes. The Splinterlands gameplay is simple and easy to learn viz: reviewing combat rules, making and submitting of the team and watching the battle unfold.



0
0
0.000
1 comments