Bitcoin have been a hit for the modern world as it a good thing to invest in. Some people even get rich by tapping on a keyboard or screen. But there are some mistakes that may end up ruining you instead of profiting. So if you are new to cryptocurrency and want to invest into the world of crypto then this is for you!
1. Making decision based on what you feel
New investors tend to use their emotions to trade, so refrain from making decisions based on it or else, you'll be in big trouble.
2. Buy and Sell
Another thing that most beginners do is buying crypto at a high price then selling at a low price. If there's one thing you should do, patiently wait until the price is above the price you bought it for. Do not ever get greedy or it will be your downfall.
3. Selling all of it
Selling all of it is way to greedy. If you do that, you won't be able to purchase dips. The safe way to do this is to sell 10-15% of your current bitcoin stock while keep the rest.
4. Investing in the wrong crypto
New investors tend to buy crypto like crazy. Investing in a crypto that you aren't sure of would probably a bad idea, especially if it is a centralized blockchain.
