Cryptocurrency trading has been a hot topic of conversation for a couple of years now and it has gained popularity like nothing else we have experienced. With more people’s interest peaking than ever, it is becoming more apparent that people are either doing very little research or absolutely no research before investing their money. This makes it no surprise that people get scammed and ripped off when they invest from their own mistakes.
The biggest issue with cryptocurrency is the fact that it is not regulated, it is becoming more regulated, but it is nowhere near where it needs to be and it definitely doesnt stop people from making avoidable mistakes. In this article, we will go through some of the biggest mistakes that beginners will make that you should avoid.
Common crypto mistakes to avoid
Lack of research
Cryptocurrency has become extremely popular making it only natural for people to look at investing. With 1 in every 10 Americans investing in some sort of cryptocurrency. The main issue with this is the fact that many people will jump in with their budget and invest in projects or currencies they have no idea about which can result in drastic consequences.…Read more