Three Common Mistakes New Crypto Traders Make

When it comes to trading in the crypto space there are three common mistakes new traders make: going against the trend, trading in consolidation periods and forgetting to reduce their risk.

This is especially true when it comes to trading highly volatile coins with a low market capitalization and it pays to remember that when bitcoin’s price moves so too does the rest of the crypto market.

Take for example bitcoin’s recent breakdown seen Oct. 11 at 00:58 UTC, when the price dropped more than $400 in 30 minutes.

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