❌ THE MOST COMMON MISTAKES AMONG BEGINNERS WITH CRYPTOCURRENCIES
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1. Entering due to FOMO (fear of missing out)
They see a token that rises by 300% and jump in without thinking.
🧨 Result: they buy at the peak and sell at a loss when it drops.
💡 Tip: Never enter an asset just because "everyone else is buying it." Enter with analysis, not with anxiety.
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2. Not having a plan or strategy
They buy randomly, sell randomly. They don’t know why they entered or when they will exit.
💡 Tip: Before buying, ask yourself:
• Why am I entering?
• Where do I take profit?
• Where do I exit if it goes against me?
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3. Using all capital in a single trade
They put everything into one trade or coin, and if it goes wrong, they run out of funds.
💡 Tip: Use risk management: don’t put more than 10-15% of your portfolio in a single position.
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4. Ignoring technical analysis
They enter without looking at charts, supports, resistances, or volume.
💡 Tip: Learn the basics: supports, moving averages, RSI, candlesticks. You don’t need to be an expert, but you should have tools.
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5. Not cutting losses (suicidal holding)
They buy, it drops, and they say "it will go up soon." They cling to hope.
💡 Tip: Set a stop loss. A small, controlled loss is better than an 80% drop.
