6 Costly Crypto mistakes you Can’t Afford to make.

Investing in cryptocurrency can be a lucrative venture, but it’s important to avoid common crypto mistakes that could lead to financial loss, from failing to do proper research to failing for scam, this guide outlines the top 6 costly cryptocurrencies mistakes to help you make informed decisions and protect your investments world wild.

one of the biggest mistakes investors can makes when investing in cryptocurrency is failing to do your research, it’s important to understand the technology behind the cryptocurrency, the team behind the project and the market trend before investing your money, without proper research, you could end up investing in a project that has no real value or is a scam. take the time to do your due diligence and make informed decisions to avoid costly mistakes! be what we called smart money, trust me without due diligent and informed decisions, Darth Verta will showed up on your pocket. but let break it down for better understanding of all investors.

6 Common Crypto Mistakes to Avoid

1. Not Taking Profit: Don’t forget to take profits on the way up. Don’t get excited and think
   your investment is always going to the moon.
2. Sending Coins to the WRONG Address: Double check crypto addresses before making a transaction because they are permanent. No customer service to call, no “OOPS” button!
3. Not Staking Your Coins: Staking allows for passively growing your coins with high APY from4% to even 20% on average.
4. Use strong passwords. Use two-factor authentication. Use Face ID.DO NOT sign into accounts on public networks! Use cold wallet.
5. Investing More Than You Can Afford: Only invest what you can afford to lose. Crypto markets are volatile so make sure you read the section about “Bear” and “Bull” markets.
6. Buying All-Time Highs: Don’t FOMO into the market when you see BIG GREEN CANDLES and HUGE RUNS! Dollar Cost Average into the market if you are not a seasoned investor. Crypto can move 50% up or down in a violent swing.