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What are the mistakes you made as a newbie in cryptocurrency investment?

GeorgeT

New member
Cryptocurrency is a project that you can't do without having good knowledge of how it works. When you jump into cryptocurrency without knowledge of it, it's going deal with you in grave manner which you may end up losing all your money.

As a newbie who started out with cryptocurrency investment, what are the mistakes you've made so far?
 
Fortunately, I didn't make any mistakes with cryptocurrency when I started investing money in it. It took me a long to study about crypto and understand it before putting my money into it.
 
The mistake I made when I started using cryptocurrency was forgetting to save my trust wallet keys and I ended up having my device changed. I couldn't access my wallet again and lost about 2,000 USD worth of cryptocurrency in the wallet.
 
Fortunately, I didn't make any mistakes with cryptocurrency when I started investing money in it. It took me a long to study about crypto and understand it before putting my money into it.
You must have acquired a lot of knowledge and information about cryptocurrency before you started your journey with investing in it. This is the only way you would know exactly what to do when you are supposed to do it with any investment you are putting into crypto.
 
You must have acquired a lot of knowledge and information about cryptocurrency before you started your journey with investing in it. This is the only way you would know exactly what to do when you are supposed to do it with any investment you are putting into crypto.
Knowledge and information is power when it comes to cryptocurrency. Without having them, you're already set up for failure in your cryptocurrency journey.
 
Knowledge and information is power when it comes to cryptocurrency. Without having them, you're already set up for failure in your cryptocurrency journey.
Yes, that's very correct. There is nothing like trail and error when it comes to cryptocurrency. If you don't have the real knowledge of how to exploit the cryptocurrency market, you are definitely going to lose your money.
 
Cryptocurrency investment will make you to cry hard. I tried once and I know how I felt. My trading has been from a friend and he's giving me the necessary information and all the things I need to know because he has already gathered the knowledge about it.
 
FOMO - Fear of Missing Out is one of the biggest mistake that I made when I began my journey in cryptocurrency investment I didn't know well not too allow myself be vulnerable to this and it ended up making me to buy crypto when I'm not supposed to and ended up losing a lot of money.
 
Cryptocurrency investment will make you to cry hard. I tried once and I know how I felt. My trading has been from a friend and he's giving me the necessary information and all the things I need to know because he has already gathered the knowledge about it.
It's better to take a long time and get all the knowledge which is going to be very helpful for you when it comes to investing and trading cryptocurrency. This is very important because with just one wrong move, you will lose everything.
 
It's better to take a long time and get all the knowledge which is going to be very helpful for you when it comes to investing and trading cryptocurrency. This is very important because with just one wrong move, you will lose everything.
You get the point. I am still learning about cryptocurrency and how to invest and trade. I have seen many people that are crying because of their wrong moves though they have recuperated from the pains cause by cryptocurrency.
 
Maybe I am one of the people that didn't make any mistake when I started my cryptocurrency journey. This is because I had some one who put me through in everything that I needed to know and do it the way that it's expected in order to avoid making any mistakes.
 
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