Top 5 Cryptocurrency Mistakes as a Beginner

[rsrb]

Top 5 Cryptocurrency Mistakes that many Beginner do and loose their money.

1) Do thorough research on the different cryptocurrencies

2) HODL! (Hold On For Dear Life) and don’t FOMO (Fear Of Missing Out)

3)Triple check when transferring to wallet addresses

4) Never buy “on the pump.”

5) It’s okay to take profits

[Alerter]

I would add active buying and selling to the list of mistakes. Over 90% of novice traders lose their money.

[pikecara]

The #3 is completely true.

I would add active buying and selling to the list of mistakes. Over 90% of novice traders lose their money.

Well you need to lose to learn, I believe 90% of good traders began losing some money. I'm feeling like a beginner now that I read this.

[rayjellanajao]

I repeatedly committed mistake of selling too early and not holding. I'm already rich if i hold my coins in the past.  Well, I'm just a newbie and still know nothing in crypto back then but now I'm starting to learn from my past mistakes and hoping not to commit the same mistakes again.

[Shaofalova]

I wand too add - "keep your private key on safe place" and " listen other people but think by yourself"

[Agozyen]

Add - remove emotion from the equation.  Learn to make cold decisions.  If you get too attached to your coins you will lose out. 

[Lora_ng15]

it is necessary to learn to sell at the right time coins and to get profit, I have still with it problems

[sarfwr]

The second and third are the most important, and the transfer of your tokens to your wallet can prevent you from selling tokens at random, and holding it for a long time will be the best way to make money.