When starting in crypto, excitement can quickly lead us to make costly mistakes. Here are 5 pitfalls I learned to avoid from the start:
1) Investing without understanding: buying a cryptocurrency just because you hear about it, without knowing what it does, is risky. Always research before buying.
2) Putting all your money into a single cryptocurrency: diversification is key. Putting all your eggs in one basket can be dangerous.
3) Blindly following influencers: some promote for their profit, always verify for yourself, do your own research.
4) Panicking when the market drops: volatility is normal. You must learn to manage your emotions.
5) Neglecting security: enable two-factor authentication (2FA), never share your passwords or recovery phrases.
I am still a beginner, but I want to learn, progress, and share what I learn along the way. And you, what mistakes did you make at the beginning?
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