One of the biggest mistakes made by 99% of traders, especially newcomers, is buying currencies as a result of reading a fleeting news item on the trading platform's news feed.
Where the news is often written in a way that encourages buying, such as 'buy this currency before it's too late' or 'the currency is exploding' or 'get on the train before you miss it', among other phrases that indicate a lack of knowledge of the basics of proper trading, and often these currencies are failed currencies with no real project.
The solution is not to be affected by those publications and misleading news, and not to make hasty purchasing decisions, as they will be like a fire that will burn your money without you noticing.
and focusing on real currencies that have a real and solid project in the medium and long term, such as currencies $BTC
