$BTC

Common Mistakes Newbies Make

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Fatal Mistakes Newbies Often Make:

1️⃣ Getting overly eager and going all in at the slightest fluctuation, blindly betting emotionally.

Such actions

often fall into the trap of following the crowd and impulsiveness,

turning investment into gambling. The market never lacks stars but lacks longevity.

There is no concept of risk management, nor any experience in position management.

Buying coins has always been a one-shot deal.

2️⃣ Blindly chasing after rising prices and cutting losses when prices drop.

At the slightest market movement,

you rush to enter or exit.

Such actions

can easily lead to significant losses and drawdowns,

and your mindset begins to crumble.

Solution ⬇️

Be calmer and more rational.

Investment is not gambling.

The only difference between gambling and investment is the bottom line.

Any asset requires calm analysis and rational judgment.

Develop your own investment plan.

Do not blindly follow the crowd,

especially do not rush for quick success.

Learn to wait and be patient.

The market has its own rules,

it will not change its rules because of your urgency.

Wait for the right opportunity,

and hold patiently,

that is the key to profit.