Don't invest your daily pocket money in crypto:
If you're new to cryptocurrency and planning to invest, please don’t use your daily pocket money or essential funds. This is a common mistake many beginners make, investing money they need for everyday expenses. Crypto is a high-risk market. It can skyrocket or crash at any moment. If you're forced to withdraw during a market dip, you’ll likely face a big loss.
What happens if you invest daily use money?
The market dips and you need to withdraw?
(You lose)
The market is down and you panic-sell?
(You lose)
You get discouraged and quit crypto forever?
(You miss future gains)
The right strategy for beginners only invest surplus funds, money that’s not needed for food, rent, bills, or daily use. This way:
You can hold during market dips without pressure.
You give your investments time to recover.
You stay mentally calm and financially safe.
My Personal Experience:
I bought 12 $STRK at ~$3 each. Today, the price is around $0.1313 That’s a $34+ unrealized loss. But since I used extra funds, I’m not worried. I’m holding my position and waiting for the market to recover. If I had used money I needed for daily life, I’d be forced to sell at a loss, and walk away from crypto with regret.
Key Takeaway:
As a beginner, invest only what you can afford to lose. Don’t let #FOMO push you into risking your necessities. Be patient, stay safe, and learn the game before going big.
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