I made these mistakes myself - Don't repeat them! š
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ā Mistake #1: Buying Without Research
Someone says, "This coin will moon!" - You buy instantly
ā
Solution: Always DYOR (Do Your Own Research)
ā Mistake #2: Falling Into FOMO
Coin already pumped 200% - Still buying at the top
ā
Solution: Be patient, wait for the dip
ā Mistake #3: Putting All Money In One Coin
Going "All in" is the biggest mistake!
ā
Solution: Diversify your portfolio
ā Mistake #4: Not Setting a Stop Loss
Market crashes - Your entire capital is gone
ā
Solution: Always set a Stop Loss
ā Mistake #5: Trading With Emotions
Fear and Greed are your biggest enemies
ā
Solution: Make a strategy and stick to it
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š§ GOLDEN RULES
$XRP :
š Only invest what you can afford to lose
š Think long term
š Don't check charts daily - It causes stress
š Keep booking profits
š Never stop learning!
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š¤ Which mistake have YOU made?
š Drop a comment below - Let's learn together!
ā¤ļø Like if you learned something new
š Share with a newbie trader
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