Crypto beginners often report similar mistakes in their first year. The most common? FOMO buying into pump-and-dump projects without reading the whitepaper. Then there's the classic problem: not taking profits or selling too early. Many also forget to securely store private keys – the risk of exchange hacks is real. And honestly: trading way too much leverage, even though you're greener than a cucumber. What was your biggest mistake back then? Share your experience.
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ContractTester
· 01-09 13:28
Haha, that FOMO part really hits home. That was exactly how I was in my first year...
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WhaleWatcher
· 01-06 13:57
Haha, all hit... I really was out of my mind at the time.
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SmartMoneyWallet
· 01-06 13:55
Looking at this article, it's outrageous. Terms like private key security and leverage risk are just surface-level talk. The real issue is that retail investors simply can't understand the flow of funds and are always played around by the distribution of whale chips.
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MysteriousZhang
· 01-06 13:54
Oh no, I've suffered too many losses from FOMO...
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Storing private keys on exchanges is really asking for trouble; I was exploited once already.
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Leverage is something beginners should avoid; I've learned this the hard way.
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The most heartbreaking thing is holding tight when prices rise and cutting losses when they fall... this cycle is truly brutal.
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Whitepaper? I didn't even bother to read it back then; I just followed the hype in the group.
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Not using leverage and holding coins honestly is the way to go. Now I finally understand.
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ZKProofEnthusiast
· 01-06 13:43
Oof, in my first year I almost went all-in on a shitcoin with all my assets. Luckily, I woke up in time.
Crypto beginners often report similar mistakes in their first year. The most common? FOMO buying into pump-and-dump projects without reading the whitepaper. Then there's the classic problem: not taking profits or selling too early. Many also forget to securely store private keys – the risk of exchange hacks is real. And honestly: trading way too much leverage, even though you're greener than a cucumber. What was your biggest mistake back then? Share your experience.