5 Misktakes First-Time Crypto Investors Make
Learn them now - before the market teaches you the hard way!
1. Leaving everything on exchanges. If the platform gets hacked or collapses, your coins go with it.
Use a cold wallet. Not your keys = Not your crypto.
✅ Invest in secured and reputable Exchanges like Binance
2. Chasing pumps with no plan
Buying because "it's pumping" = someone else is dumping.
If you don't know when you'll sell, you've already lost.
3. Weak Security Practices
No 2FA. Same password everywhere. Clicking random links.
That's how wallets gets drained.
Treat your seed phrase like your bank vault key.
4. Overtrading like you're a pro
Most new traders think more trades = more money.
Usually, it just means more mistakes.
5. Investing without understanding.
Buying coins you don't? That's not investing. That's guessing.
DYOR or be someone else's exit liquidity.
BONUS: Never invest what you can’t afford to lose.
#dyor