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#WritetoEarn #CryptoMistakes #LearnCrypto #BinanceTips #BeginnerFriendly

📉 5 Costly Mistakes I Made in My Early Crypto Journey (So You Don’t Have To) 💥

When I started, I thought crypto was easy money. It can be — but only if you avoid these traps👇

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❌ 1. Jumping Into Coins Without Research (FOMOing In)

I used to buy trending tokens just because they were pumping.

Now I ask: What’s the project? Team? Use-case? Roadmap?

🔍 DYOR is not optional. It’s survival.

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❌ 2. Keeping Everything on Exchanges

Centralized platforms are great — but always keep long-term holdings in a private wallet.

I lost peace of mind, almost lost funds. Lesson: Not your keys, not your coins.

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❌ 3. Ignoring Risk Management

One bad trade wiped out my gains. Now I set:

Stop loss 💣

Position sizing 📏

Entry/exit targets 🎯

Even the best traders lose — smart ones survive.

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❌ 4. Falling for Scams or “Too Good to Be True” Projects

If someone offers you guaranteed 1000% profit — run!

Stick with verified platforms like Binance and never send funds to random DMs.

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❌ 5. Not Taking Profits

Greed is the silent killer. I watched my 3x turn to 0.5x because I didn’t book gains.

Take profit in phases. Protect your wins. 🧠💰

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🚀 Your Crypto Journey = Learn ➤ Apply ➤ Earn

Comment below: What was your biggest crypto mistake? Let's help others avoid it 🙌

📍Posted via Binance App | #BinanceIndia #CryptoLessons #WriteAndEarn #SmartInvestor