Introduction:
Starting your crypto journey is exciting, but beginners often make simple mistakes that can be very costly.
In this post, I'll share 5 common crypto mistakes and how you can avoid them.
1. Not Doing Your Own Research (DYOR)
Don't just buy coins based on hype. Always research a project before investing.
2. Leaving Assets on Exchanges
Exchanges can get hacked. It's safer to move your assets to a private wallet when not actively trading.
3. Ignoring Security (2FA)
Always enable Two-Factor Authentication (2FA) to protect your account.
4. Falling for Scam Projects
If something sounds too good to be true, it probably is. Be careful with unknown projects and promises of huge returns.
5. Investing More Than You Can Afford to Lose
Crypto is volatile. Never invest money you cannot afford to lose.
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