**10 Common Mistakes Newbies Make When Investing in Crypto or Trading**

1. **Short-Term Thinking**: Expecting to get rich overnight, influenced by stories of sudden success, often leads to unrealistic expectations.

2. **High-Risk Investments**: Primarily investing in high-risk cryptocurrencies, such as meme coins, hoping for quick gains, can be perilous.

3. **Relying on Trading Signals**: Joining multiple crypto groups for trading signals without understanding market mechanics can be misleading.

4. **Following Influencers Blindly**: Investing in cryptocurrencies promoted by popular influencers without conducting personal research is risky.

5. **Handing Over Money to Others**: Entrusting funds to others for investing or trading can lead to fraud and significant losses.

6. **Borrowing to Invest**: Borrowing money to invest in crypto exposes one to substantial financial risk.

7. **Lack of Research**: Failing to read and conduct thorough research before investing can result in poor decisions.

8. **Early Futures Trading**: Engaging in crypto futures trading without sufficient experience can lead to substantial losses.

9. **No Alternative Income**: Relying solely on crypto investments without a secondary income stream can lead to financial instability.

10. **Emotional Trading**: Buying during market hype and selling during downturns often results in poor investment outcomes.

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Stay informed, stay cautious, and always do your research to avoid these common pitfalls!