One of the biggest mistakes beginners make is: buying during a surge (when the currency suddenly rises significantly). People rush to buy because they see everyone talking about it, and then the price suddenly drops, leading to losses! The advice: don't buy when you see the currency has risen by 30% or more suddenly, wait for a correction or buy gradually in small amounts. Monitor the market calmly, and have a plan, not emotions.
The Biggest Mistake That Costs You in Cryptocurrencies
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