đš Crypto Beginners: 6 Fatal Mistakes to Avoid (if you want to keep your money) đž
Entering the world of crypto is exciting⊠but also filled with traps. If you want to avoid being the one who âshould have HODLâd,â read carefully what follows.
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â 1. Betting everything on a âcrypto that will go x100â
âĄïž âI put everything on Shiba Pepe Elon Turbo, itâs sure to go up!â
No. Diversify. Youâre not in a casino.
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â 2. Buying at the highest, selling at the lowest
âĄïž The classic: buying when everyone is talking about it đ
Then panicking at -30% đ
đ§ Tip: If you want to succeed, do the opposite of what the crowd does.
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â 3. Blindly following âinfluencersâ
âĄïž If they say âThis project is going to change the worldâ but have an affiliate link below⊠be cautious.
đ Do YOUR own research. (DYOR = Do Your Own Research)
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â 4. Forgetting to secure your cryptos
âĄïž Password â123456â + password saved in Notes = đ
đ Use 2FA, store your seed phrases offline, and learn the difference between a custodial and non-custodial wallet.
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â 5. Entering without a plan
âĄïž If you donât know when you want to exit, you may exit⊠at any time.
â Set yourself a clear goal: entry, exit, and level of risk.
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â 6. Thinking itâs too late
âĄïž âI missed the Bitcoin trainâŠâ
đ« Wrong. This market is constantly evolving. Itâs never too late to learn, train, and invest wisely.
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đ And you, whatâs your beginner mistake?
Say it in the comments⊠or tag a friend who keeps making mistakes đ