#SecureYourAssets 5 Fatal Mistakes Beginners Make in the Crypto Market – Avoid Them to Survive!

If you are new to the world of cryptocurrencies, you are prone to making some mistakes that could cost you a lot. Take a minute and read these points; they might save you from an imminent loss:

1. Buying During FOMO (Fear of Missing Out)

If you see everyone buying a certain coin and the price is skyrocketing, don’t jump in! The market could crash suddenly, and then you’ll have bought at the peak.

2. Trading Without a Plan

You enter a trade without knowing when to exit? This is where the problem starts. Set your goal before entering, and determine an acceptable loss percentage.

3. Overconfidence in Recommendations

Did your friend tell you to buy? Did a Telegram channel recommend a coin? Don’t rely on anyone; learn how to analyze for yourself.

4. Trading with All Your Capital

Don’t leave yourself without liquidity! Trade a portion, and keep part as a reserve for any opportunity or loss.

5. Forgetting Risk Management

Every trade without capital management = a ticking time bomb. Don’t risk more than 5% of your portfolio on a single trade.

Golden Tip: Crypto is not a fast track to wealth, but it is a great opportunity if you enter with a learner’s mindset, not a gambler’s.

Have you fallen into any of these mistakes? Or do you have a sixth mistake that could benefit beginners?

Share your thoughts in the comments and make it useful content for others.