⚠️ MOST COMMON MISTAKES BEGINNERS MAKE IN CRYPTO (AND HOW TO AVOID THEM)
💡 Avoid tripping where many have already fallen
Entering the crypto world is exciting, but it is also full of risks if you don't know how to navigate. Here I share the most frequent mistakes and how you can protect yourself from day one 👇
1️⃣ Buying due to FOMO (fear of missing out)
📉 Many enter when an asset has already risen a lot and then face declines.
✅ Solution: Research before investing and set an entry price.
2️⃣ Not diversifying
🎯 Betting everything on a single coin increases risk.
✅ Solution: Spread your investment across several projects (BTC, ETH, BNB + others with potential).
3️⃣ Not learning about security
🔓 Using weak passwords or not enabling 2FA exposes your funds.
✅ Solution: Enable two-step verification and use unique passwords.
4️⃣ Trading without a strategy
🎲 Buying and selling without a plan leads to losses from impulsive decisions.
✅ Solution: Have clear goals and stick to them.
5️⃣ Falling for scams and false promises
💰 “Get rich quick” offers are often scams.
✅ Solution: Only trade on official platforms like Binance and be wary of unrealistic returns.
📲 Final advice: Patience, education, and discipline are your best allies in crypto.
💬 Which of these mistakes did you make at the beginning? Share so others don’t fall!
👤 By: ZANGY GEMS-MYSON22F