syrfx19

"Hello to the #BinanceSquareFam! 👋
Many of us enter the crypto world because of the huge profit potential. But did you know there are several traps that often cause beginners to suffer major losses?
I've summarized 3 most fatal mistakes you must avoid:
1. FOMO (Fear Of Missing Out) & FUD (Fear, Uncertainty, Doubt):
Buying too quickly when prices have already soared, or panicking to sell when prices dip slightly out of fear of missing out or losing money. Emotions are the biggest enemy of traders! 🤯
2. Trading Without Stop Loss:
This is like driving without brakes! Stop Loss is your capital protection. Without it, one mistake can wipe out your entire capital. Don't let small losses turn into major disasters. 🛑
3. Not Doing Your Own Research (DYOR):
Trusting influencers or Telegram group opinions without doing your own investigation. Understand the project, the team behind it, and its fundamentals. Remember, "not financial advice!" 📚
Which of these 3 points do you most often experience or observe? Share your experiences in the comments below! 👇
#binancesquare #tipspemula #DYOR!! #cryptotips #tredingpemula $BTC $BNB
$BNB