Everyone makes mistakes when starting something new — especially in crypto. The space moves fast, it’s full of noise, and without the right guidance, it’s easy to trip up. I know that firsthand.


When I first got into crypto, I made several beginner mistakes — some costly, some just frustrating. In this article, I want to share 5 key errors I made, so that you can avoid them on your own journey.



1. Falling for a Scam on Telegram


This one hurt.


I joined a few crypto Telegram groups to stay updated and learn from others. What I didn’t realize was how many scammers operate in those channels, pretending to be support agents or admins.


One day, someone messaged me claiming to be from a project I followed. They were helpful, polite, and offered to "fix" an issue with a token I had received. They asked for my wallet details — and I gave them more information than I should have.


Result? I lost some tokens. It could have been worse, but it was a hard lesson.


Lesson learned:

Never trust DMs on Telegram

No legit support will ask for your private keys or seed phrase

Scammers are smart — stay smarter



2. Making Moves Based on My Own Bad Analysis


I thought I could read charts after watching a few YouTube videos. Spoiler alert: I couldn’t.

I started making trades based on random indicators, gut feelings, and Twitter hype. I didn’t really understand support/resistance, volume, RSI, or market structure — but I acted like I did.

Result? I bought high, sold low — repeatedly.


Lesson learned:

Don’t trade unless you truly understand what you’re looking at

Focus on learning before earning

Sometimes the best trade is no trade

3. Converting Free Tokens from Quizzes Too Quickly

I completed some crypto quizzes and earned small amounts of tokens — a great way to learn and earn. But instead of holding them, I immediately converted everything to USDT or another coin.

Later, some of those tokens skyrocketed in value. If I had held just a little longer, they could’ve been worth 5–10x more.


Lesson learned:

Even small amounts can grow — think long-term

Research what you receive before selling

Sometimes the best move is no move


4. Withdrawing All My Funds Instead of Just a Portion

After a small win on a token I had held for a while, I decided to cash out everything. I transferred all my crypto back to my bank, proud of my "profit."

Weeks later, that same token continued to rise — and I had no position left. I had no plan, no strategy, and I acted emotionally.


Lesson learned:

Always consider partial profit-taking instead of all-or-nothing moves

Have a plan: entry, exit, and re-entry if needed

Don’t let fear or greed control your decisions

5. Trying to Do Everything Too Fast


I wanted to catch every trend, every airdrop, every “next big thing.” I overloaded myself with info, joined dozens of platforms, and made rushed decisions. I thought I was late and needed to catch up.


In reality, I was early — and rushing only caused mistakes.

Lesson learned:

Take your time — this space isn’t going anywhere

Focus on learning, not just earning

Build your foundation before you build your portfolio

Final Thoughts


Crypto is exciting, unpredictable, and full of opportunity. But without patience and caution, it can also be overwhelming and risky.


I made these mistakes — so you don’t have to.

Now, I focus more on education, security, and thoughtful action. And that’s made all the difference.


If you’re just starting out, remember: it's not about how fast you go — it's about how far you can last.


Welcome to the journey. Stay safe. Stay smart.