#BinanceHODLerSTO

Title: 7 Common Mistakes That Make You Lose Money in Crypto

1. FOMO – Fear of Missing Out

📈 Buying at the top just because everyone is talking about it.

Example: Buying PEPE or SHIBA after 10x growth.

2. No Research (DYOR)

🔍 Investing in a coin without understanding its project, team, or utility.

Tip: Always DYOR – Do Your Own Research.

3. Keeping All Crypto on Exchanges

🏦 Exchanges can get hacked, shut down, or freeze funds.

Solution: Move your crypto to a secure wallet you control.

4. Ignoring Security Practices

🔐 Using weak passwords, no 2FA, or clicking suspicious links.

Advice: Use strong passwords and enable Two-Factor Authentication.

5. Overtrading

♻️ Trying to make profits by trading too often usually leads to losses.

Reminder: Sometimes, holding is more profitable than frequent trading.

6. Trusting “Signals” Groups

⚠️ Telegram or WhatsApp groups that promise guaranteed profits are mostly scams.

Tip: If someone says "100% profit guaranteed," walk away.

7. Panic Selling

😱 Selling during a dip due to fear, instead of understanding market cycles.

Pro Tip: Smart investors hold or buy during dips – they don’t panic.

Conclusion:

📘 Crypto is full of potential, but small mistakes can lead to big losses. Learn, research, and be patient.