5 Lessons I Wish I Knew Before Investing in Cryptocurrencies in the UAE and Saudi Arabia
A Real Personal Experience from 2021

When I started my journey into the world of cryptocurrencies in 2021, I thought I was ready. I followed tutorials on YouTube, downloaded a wallet, and registered on a trading platform… but the first major bull run made me rush with excitement, and I made many mistakes.

Today, after years of experience and daily interactions with the crypto market, I can confidently say: if someone had warned me about the following points from the start, I would have saved myself a lot of time and losses.

Whether you are in Saudi Arabia or the UAE, here are five golden lessons that will benefit any beginner entering the cryptocurrency market:

1️⃣ Fear of Missing Out (FOMO) is your biggest enemy
Whenever I saw the price of Bitcoin rising or a tweet from someone making amazing profits from a meme coin, I felt I had to buy immediately before I missed the train.
The result? I bought at the peaks and sold at the troughs.

📌 Lesson:
Do not invest out of excitement or fear. Take your time to analyze and understand the project before pouring your money into it, especially in an accessible environment like the market in Saudi Arabia and the UAE.

2️⃣ "Your private keys = your ownership of coins"
I kept all my coins on trading platforms, thinking this was the easiest and safest method. But suddenly, a platform I was using disappeared… and with it, my money.

✅ Solution:
Use trustworthy platforms for buying like Binance, but after purchasing, transfer your coins to a private wallet like:
- Cold Wallet
- MetaMask
- Trust Wallet

Do not leave everything in the hands of a third party.

3️⃣ Research Before Buying is Not an Option… It’s a Duty (DYOR)
In the beginning, I entered projects just because their owners were famous or because the coin name was "cute".
The result? Some of them were "Rug Pulls" — scam projects!

🔍 What did I learn?
- Read the whitepaper
- Check the team and investors
- Monitor the coin community on Telegram and Twitter
- Ensure the coin is listed on trustworthy platforms

In Saudi Arabia and the UAE, excellent Arab communities have emerged that explain projects and warn against scams like CryptoMENA:

https://t.me/+hFbzZJIkSEJkMDk0

4️⃣ The crypto market operates 24/7… but your mental health is more important
In the first year, I stayed up every day watching the instant candles. I didn’t know this would affect my mental health and lead me to hasty decisions.

🧘‍♂️ Solution:
- Set trading times
- Use price alerts
- Stick to a clear plan like:
- Dollar-Cost Averaging (DCA)
- Set profit and loss targets and stick to them

5️⃣ Scams are everywhere, especially on Telegram and WhatsApp
I received many messages from accounts offering "guaranteed investment", "free airdrop", or links that looked official. Some were very professional and had Arabic support!

⚠️ Golden Rule:
- Do not share your secret key or recovery phrases with anyone
- Do not click on strange links
- Do not trust any project that asks you for an initial deposit in exchange for profits

Use well-known platforms like Binance that provide an Arabic interface and high security.

💡 Summary of the Experience
Investing in cryptocurrencies can be your path to financial freedom, but it’s not a game. Approach the market with a learner's mentality, and do not rush for profit.
Take your time, learn, and start right.

I made many mistakes, but you don’t need to repeat the same mistakes.

🚀 Additional Tip
Follow reputable Arabic educational platforms, and join communities that love learning more than "showing off" and random speculation:

https://t.me/+oYAhsqcmYDE0MzI0

🔗 Link to register on Binance – Your first safe step 👇:

https://accounts.binance.info/register?ref=OEQD5SA3


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