Don't make these 5 Mistakes in Crypto. They will ruin your hard-earned Money.

~ Thread ~
1. Chasing Every Shining Coin

90% of Coins will go to ZERO.

Not every coin will give you big money.

Study and Research the Coin in depth before investing.

"Don't invest in the coin you don't understand."
2. Risking Money You can't afford to Lose

Many People put all their life savings into Crypto,

People even take big loans for Crypto.

Since most of you are not pro in markets,

You will end up losing all of it. It's a Gamble.

Always start with money you can afford to lose.
3. Buying in Bearish Market Structure

Don't try to catch a falling knife.

Many people bought Crypto just after Jan 2018 while market structure changed to bearish,

They had suffered >90% losses due to this single mistake.

Always look for bullish market structure first.
4. Buying >90% Dumped Coins

Coins who are already dumped badly in past,

They have strong over-head resistances.

Avoid these coins. Rather go for buying freshly released coins.

Newer coins always perform much better than previously dumped coins.
5. Taking Higher Risks: Over Leveraging

You cannot 100x your account in a day.

Stop risking high to make big.

Let your gains compound over time with daily small risks.
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