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4 examples of hidden costs when trading crypto yourself

Cryptocurrency trading may seem like an attractive way to make profits at first sight, but many beginners and even experienced traders underestimate the hidden costs of trading by yourself. Unlike automated investing, where smart algorithms handle the trading, manual trading can be time-consuming, costly, and emotionally draining. In this blog, we’ll explore the various hidden costs of trading manually and why automated investing with Yieldfund might be a more efficient choice.

1. Time is money: the true cost of manual trading

When you trade on your own, you are constantly analyzing markets, tracking trends, and executing transactions. This process is time-consuming and requires continuous attention. The crypto market operates 24/7, requiring you to stay constantly alert to price movements, news, and market trends.

A small mistake, such as missing a sudden drop or rise, can quickly lead to lost profits or even losses. Moreover, manual trading often means sacrificing time that could be spent on work, family, or relaxation.

With Yieldfund’s automated investing, advanced trading bots take care of everything. They continuously analyze the market and trade at the best moments, eliminating the need for you to spend countless hours monitoring prices.

2. Transaction fees: how small costs eat into your profits

Every time you execute a crypto transaction, you pay trading fees. On exchanges like Binance or Coinbase, these fees can range from 0.1% to 0.5% per trade. For active traders making multiple transactions daily, these costs can rise quickly and significantly reduce profits.

Additionally, some exchanges charge extra fees for deposits, withdrawals, or converting crypto into fiat money. This means you’re paying not just for trades but also for simply using the exchange.

Yieldfund operates with fixed returns and no hidden transaction fees. This ensures that you know exactly what to expect, without any unexpected charges.

3. Emotional trading: how psychology can cost you money

One of the biggest pitfalls of manual trading is making emotion-driven decisions. Fear and greed play a major role in the crypto market. Many traders panic-sell during market drops or buy in too late after prices have already surged.

FOMO (Fear of Missing Out) and panic selling can lead to unnecessary losses, whereas a structured and rational approach tends to be more profitable. Automated trading bots remove emotional decision-making and follow a data-driven strategy based on market analysis.

At Yieldfund, all trades are executed automatically by intelligent algorithms, eliminating impulsive decisions and emotional mistakes.

4. Risk of human errors and mismanagement

Self-trading carries risks such as placing incorrect orders, forgetting passwords, encountering technical issues with exchanges, or miscalculating leveraged positions. Even experienced traders make mistakes, and one miscalculation can lead to significant financial losses.

Automated trading strategies, like those used by Yieldfund, eliminate this risk by relying on advanced technology that doesn’t make human errors. This ensures a more consistent and secure trading experience.

Conclusion: why automated investing is the smarter choice

Manual trading may seem appealing, but it comes with many hidden costs: lost time, transaction fees, emotional stress, and the risk of human error. Yieldfund offers a simple and profitable solution, allowing your capital to work for you without requiring time or trading expertise.

Ready to turn your financial goals into reality? Start investing with Yieldfund today! With a one-time investment, we handle the rest, allowing you to sit back, relax, and watch your income grow.

Disclaimer: The content of this article do not constitute financial or investment advice.

Yieldfund's last trades

XLM/USDC
Short
5.18%*

Entry price
0.2642

Exit price
0.2627

Date
March 16, 2025

AVAX/USDC
Short
5.25%*

Entry price
18.3980

Exit price
18.2940

Date
March 16, 2025

SOL/USDC
Short
5.17%*

Entry price
129.5000

Exit price
128.7700

Date
March 16, 2025

*The trade percentages are the net percentages. The trade costs have already been deducted.

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