You enter cryptocurrencies with complete confidence: “Well, I’m not like them. These people lose money because they don’t understand anything. And I’ll show them how it’s done!” It sounds great, but the crypto market quickly puts you in your place. You bought a coin — it fell 📉. You decided to trade with leverage — your deposit burned up 💥. You listened to the “guru” — you were left without money.

Mistakes are inevitable, but it is important not to repeat others. Let's look at situations that can happen to any newbie and learn how to avoid them.

You have $150. Where to invest it?

You heard from a friend or on TikTok that some coin is “definitely going to take off” 🚀. It seems like a chance of a lifetime, you buy, and a couple of days later the price plummets.

What to do right

💡 Split your capital: invest $100 in BTC or ETH for stability, and $50 in promising altcoins such as ADA or SOL, but only after analysis.

📊 Check the project: look at the data through CoinMarketCap or Binance, check the reputation and reviews.

❗ Don't believe in "secret insider information": if it was real insider information, they wouldn't tell you about it.

You bought a coin that was “recommended to you by a friend who knows everything about crypto” 🤦. A week later, the coin fell by 50%. If you had invested in BTC, the loss would have been only 5%.

We bought a coin and it fell by 40%

You open the app 📱 and see red numbers. Panic. The solution is simple: sell everything before it gets worse. And then watch as the coin returns to its price and even grows.

What to do right

🔍 Figure out what happened: is it a memecoin or an asset with real value? If the latter, wait for a recovery or average the price (DCA).

📉 Keep a reserve: never invest everything so that there is always an opportunity to average out.

⚠️ Control your emotions: no “panic sell” has ever helped anyone.

You bought a coin, it fell. You sell it at a loss. Two weeks later, the same coin has grown by 30%, and you are already sad 🥲.

Have you heard about futures and want to try them?

You've decided that futures are your 🎯. 20x leverage, because the greater the risk, the greater the reward, right? A couple of hours later, a small market correction, and your deposit flies away into thin air.

What to do right

⚙️ Learn first: trade on a demo account and only then switch to real money.

🛠️ Control your risks: do not risk more than 2-3% of your deposit per trade.

📈 Less leverage: even 2x can be enough to feel the profit without burning the deposit.

You enter a futures trade with 20x leverage. The slightest market pullback and your deposit is gone in a couple of hours 🔥. If you started with 2x, the loss would be within a couple of dollars.

We saw that the “whales” were buying the coin

You read in the news: “Whales are stockpiling coin X” 🐳. Inspired by the headline, you buy. A couple of days later, the price drops, and you are at a loss, because the whales have long since sold everything.

What to do right

🐳 Check the facts: Use platforms like Glassnode or Whale Alert to find out the real whale activity.

⏳ Wait for a pullback: don't buy at the highs.

💡 Don't copy whales: their strategy is often designed for long-term gain or manipulation that doesn't align with your goals.

You bought a coin after seeing whales actively accumulating it. A week later, the price fell by 30%. If you had waited for a pullback, you would have entered on much more favorable terms.

Who should I follow to learn?

You watch bloggers who promise thousands of percent profit 🤑. They show graphs, beautiful pictures of their “income” 📸 and tell you that this coin will take off, but only if you buy it right now.

What to do right

📚 Look for trusted resources: Binance Academy, Coin Bureau or traders with transparent statistics are your best choice.

🌐 Analyze the content: if a blogger promises “mountains of gold” or x100, this is a signal to be wary.

🤔 Think for yourself: recommendations can be useful, but only you are responsible for your decisions.

You bought a coin on the advice of a "guru". It dropped, and the "guru" simply disappeared from the network 🫥. If you had checked the project yourself, you would have avoided losses.

The main rule

Mistakes are not a sentence, but a lesson. In cryptocurrency, you either earn or gain experience.

The main thing is to move forward without repeating the same mistakes.

What mistakes did you make at the start? Share in the comments - this will help you avoid unnecessary losses! 🚀