By blessing01 on Skatehive
When I first got into crypto, I thought I was being smart finally joining the future of money. But I made a lot of silly mistakes. If you're new like me, maybe this will save you some stress. Jumping in Without Understanding Anything I saw people talking about Bitcoin, Ethereum, altcoins and I just rushed in. I didn’t read whitepapers, didn’t understand what the coins did I just followed hype. Big mistake. I once bought a random token just because someone on Twitter said it’s going to the moon. It didn’t. It went to the floor. Chasing Pumps This one hurts. The moment I saw a coin rising fast, I’d buy it. No plan, no strategy. Of course, I usually bought at the top, and then it crashed. fear of missing outis real, and it’s dangerous. Not Taking Profits There were times I made small profits but thought, Let me wait a bit more, it’ll go higher. Guess what? It didn’t. I ended up with less than I started. Now I’ve learned take profits when you can, even small ones. Using My Last Kobo to Inv