It is very likely to see fluctuating charts in the cryptocurrency market.Crypto markets are very risky platform who invest money. Every bad or good new can affect this crypto markets. If you are investing money, you need to be more careful. If you want to get profit, you need to do your own research. There are some reasons to get lose money who made bad decision in this crypto markets.
First thing is that constantly buy and sell. I can explain this issue easily. Assume that some coins is going down and we sell it as soon as possible or if some coins is going up we sell that instantly these are very bad decision. After we sell that coin it can be rise up again. This can be fake dump.You can see the coin rise quickly after falling. You dont act to sell quickly. Do your analyze and make a good decision. People think we will save our money to selling their coins or tokens when they are selling if the coins going down. This is not make sense. You need to acr more wisely. This graphics show that it can be everything at the moment.
Second thing is wrong time wrong place. Most of people hold their coins they lost until the end and sell the coins they profited immediately. They dont invest money if the coins or tokens they dont have a good project. Also most of project can be scam at the end of falling down. If you invest this kind of projects you will lose money and your valueable time. You need to digging information which invest project and coins.
Third thing is that rumors. There are more people who had millions of followers on twitter or telegram channels. These people give us some coins name and then coins is pumping. Amateur investor get into this fault. Because this people sell their tokens when is pumping. After selling this coin, coin will be dumping again. As a result , we lose money.
All these reasons can lose your money. If you want to get profit. You need to do your own research(DYOR). An you need to improve yourself. Get your analyze and make research about coins. Listen every news about which you invest coins. Think wisely and act carefully. These are not financial advise. Thanks for your support and your comments.
