Some misconceptions are repeated among beginners and lead to losses:
1. "A cheap currency means it has a chance to grow"
The price alone does not determine value; what matters is the number of currencies and their total market value.
2. "If I missed the rise, the opportunity is gone"
The market is full of opportunities; entering late without analysis often ends in loss.
3. "Every time the currency rises, I must buy more"
This exposes you to the risk of buying at the peak instead of the beginning.
Understanding the fundamentals protects you from impulsive decisions and unnecessary losses.
