Davina Blanken olud

🚨 How to Avoid the Top 3 Rookie Mistakes in Crypto 🚨

New to crypto? Great! But before you make the same mistakes that wipe out beginners, let me save you some pain. I’ve been there, and trust me—these three mistakes can wreck your portfolio before you even get started.

1️⃣ Buying Without a Plan (a.k.a “I’ll Just YOLO In” 🚀💸)

Most rookies hear about a coin “going to the moon” and FOMO in without knowing why they’re buying. That’s how you end up panic-selling when prices drop.
✅ What to do instead: Have an entry and exit strategy—set price targets, take partial profits, and avoid emotional trading.
💡 Example: I personally once FOMO’d into $SOL at $250, convinced it would hit $500. I held all the way down to $8. No plan = no profits.

2️⃣ Ignoring Risk Management (aka "All In, No Safety Net") 🚨

You wouldn’t put 100% of your net worth in a single stock, so why do it in crypto? One bad trade can wipe out months of gains.
✅ What to do instead: Diversify, set stop limits, and never invest money you can’t afford to lose.
💡 I once held $LINK from $5 to $30+, thinking it would go higher. I forgot to take profits—next thing I knew, it was back at $12. Lesson learned.

3️⃣ Trusting Every ‘Crypto Guru’ Online 🎭

The internet is full of “experts” who magically call every top and bottom. 99% of them are just guessing.
✅ What to do instead: Learn fundamental analysis, read project whitepapers, and use your own judgment.
💡 When $ETH was $80, people said it was dead. The smart ones did their own research and loaded up.

🚀 The Bottom Line?
Crypto rewards patience and strategy—not gambling. Make a plan, manage risk, and think long-term. Most importantly… learn from other people’s mistakes instead of making them yourself.

👇 What’s a mistake you wish you avoided?

Correct me if i’m wrong
At the night market is always bearish and at the morning market goes up and middle of the day market is stable but when time goes night comes market slowly slowly starts coming down and cycle repeats
I have experienced this from many days

$XRP

Conclusion➡️ (Do not take trades based on this chart)
So, Trader's What do you think about this.
What do you think the market will go down?
or follow the support or resistance or market will break the resistance or support?
Comment ⬇️