📊 Top-5 Mistakes Newbies Make in Cryptocurrency (and How to Avoid Them)**
1. **Buying at the Peak ($BTC at $69,000)**
Newbies often enter the market during hype when the coin has already risen significantly. This almost always results in losses. Instead, it's advisable to use DCA (dollar-cost averaging).
2. **Ignoring the Fundamentals**
Many invest in $DOGE or $PEPE simply because "everyone else is doing it." Analyzing the team, roadmap, and real-world application is a must.
3. **Lack of an Exit Strategy**
Without a clear profit and loss target, trading turns into a lottery. Determine at what level you will take your profits.
4. **Using High Leverage Without Experience**
Margin trading (BTC with x50) can lead to liquidation in seconds. It's better to start with simple spot trading.
5. **Lack of Composure**
Emotions are the worst enemy of an investor. When the market falls — panic; when it rises — FOMO. Learn to maintain balance.
💬 What mistakes did you make in the beginning? Share your experiences👇
