Many people just enter the cryptocurrency market,
Watching others make windfall profits,
When they jump in, they either lose money or get stuck: 'Why does it fall as soon as I buy, and rise as soon as I sell?'
'Am I just too unlucky?' It’s actually not that you can’t do it,
but you stepped into pitfalls in the 3 most crucial areas. Today,
we list out the mistakes that beginners are most likely to overlook but have the biggest impact👇:
❌ First thing: Only looking at the price increase, not at the structure This is where beginners are most likely to lose money. You open the list and see: 'A certain coin rose +100% in 24 hours'
'The community is all shouting about this new project'
'Someone just bought in and doubled' You get excited and jump in—
Only to become the last one holding the bag. Why? Because you only saw the price increase,
but didn’t see:
✔️ Who is manipulating the market
✔️ Project fundamentals
✔️ Is there a rotation logic
✔️ If you buy after it has already risen in the high position of the cryptocurrency market, it's very likely to lose.
The real money-makers are the ones who ambush before it becomes popular.
❌ Second thing: Treating the cryptocurrency market like a casino, not setting take-profit and stop-loss Many beginners have a problem: they are afraid to sell too early when it rises, and when it falls back they are reluctant to sell; when it drops more, they want to hold on, resulting in liquidation. In simple terms, it means👇: just wanting to make money, not wanting to cut losses;
Only wanting to double, not wanting to take profits. But the real veterans who can stick around have long developed the habit:
✅ Set stop-loss and take-profit levels before entering
✅ Execute when the time comes, don’t be greedy or hesitate
✅ Take small profits and run, cut small losses, don’t let emotions take control
❌ Third thing: Choosing the wrong platform, you might register on some unknown platforms or apps just to get a bit more coins or save 0.1% on fees—but you don’t know👇:
❌ Some platforms don’t allow withdrawals
❌ Some platforms have frequent risk controls, accounts can’t be moved
❌ Some platforms suddenly go offline, and you can’t get a penny back The truly knowledgeable people only trust these two terms: 'historical stability' + 'most users' Even if the fees are a bit high and transactions are a bit slow,
you should choose platforms that allow you to hold coins and withdraw money.
✅ Beginners want to avoid detours, just do these 3 things well:
1️⃣ Don’t chase the limit-up list, don’t impulsively buy coins based on popularity
2️⃣ Set take-profit and stop-loss, execute with a plan, don’t get carried away
3️⃣ Use reputable large platforms, don’t fall into big pit opportunities for small profits in the cryptocurrency market are real,
but the risks are also real. If you do these 3 things right, you have already avoided 80% of the typical loss methods for beginners.
