Post
Topic
Board Bitcoin Discussion
Re: Top mistakes of newbies in crypto
by
Raflesia
on 24/09/2022, 20:00:43 UTC

3. unrealistic expectations


Don't get manipulated by profits you see online. 100k profits on a  trading account or a sport car.  you will never achieve that with your $1000 account. understand that and be real with you.

This is indeed one of the most relevant now, because in fact nowadays especially for beginners sometimes always make the thought that Crypto is the most instant way to earn money and obviously in this case it is actually a mistake because with this kind of hope it indirectly encourages them on the brink because they are always on the lookout for something instant like shitcoins that expect pumps and hype. They think this is the right move but in fact they have been trapped in a false hope.