❌Why investing without understanding is a big mistake in crypto:
*1. You invest blindly* 👀
When you don't understand what you're putting your money into, you're just following "noise":
➔ an influencer, ➔ a viral tweet, ➔ a temporary trend...
Result? You become an easy target for scams and manipulations.
2. You panic at the slightest movement 😨
Without understanding:
- When it rises quickly, you FOMO (you buy too high).
- When it drops, you panic and sell at a loss.
Understanding what you hold gives you the confidence to hold through tough times.
*3. You can't assess the true value* 📈
Without knowledge:
- You might invest in projects with no future (shitcoins).
- You miss out on solid, real projects (Bitcoin, Ethereum, Solana...).
Understanding allows you to distinguish gems from traps.
*4. You lose your money... and you don't even know why* 💸
Imagine losing €1000 and not even understanding what happened.
Understanding crypto, the projects, and the risks is essential to know how to react and adapt.
🚨 In summary:
"Investing without understanding is like parachuting without knowing how to open the chute."
Educate yourself first, invest later. 🔥
