This is a classic story of a novice crypto trader that shows the main mistakes that beginners make. Here are some lessons you can learn from this scenario to avoid a similar situation:
1. Emotions are the trader's main enemy • Buying Bitcoin “because it’s always going up” is an action based on emotion, not analysis. Cryptocurrencies are highly volatile, and even the strongest assets experience sharp declines.
I got an SMS from Binance that I just logged in from Utrecht and if it wasn't authorized by me then I should call the provided number...have you ever had anything like that?