1. 💸 Chasing the Hype
FOMO (Fear of Missing Out) is real! 🚀 Don't jump into coins just because they're trending. Do your research, or you might end up buying at the peak!
2. 📉 Ignoring Risk Management
Without a plan, you risk big losses. Set stop-loss orders and only invest what you can afford to lose! 💥
3. 🤯 Overtrading in a Day
Trading every price move can lead to panic and losses. Stick to a strategy rather than chasing every dip and pump. 📉💹
4. 🛠️ Using Leverage Recklessly
Leverage can magnify profits—and losses. Newbies should avoid high leverage until they fully understand it! 🔍
5. 📉 Not Having an Exit Strategy
Without knowing when to sell, you might hold on to losses. Decide on your exit points beforehand! 🚪💼
6. 💰 Putting All Eggs in One Basket
Diversify your assets! Putting everything into one coin could lead to devastating losses if it crashes. 📉🔻
7. 📈 Falling for Scams
Be wary of "too-good-to-be-true" schemes and fake gurus. Protect your wallet and assets from scams! 🔒
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