New Investors Come Into Crypto With Pride

in crypto •  2 months ago 

The biggest mistake that beginners make in cryptocurrency is pride.

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I know it's something that's not specific, but I'm telling you, people come in with this mindset that somehow they're extremely smart, and what they're going to do is conquer the world in cryptocurrency, and they just know everything.They don't need to learn anything.

Somehow they can just buy a coin on Coinbase without any research at all because their homeboy told them, and somehow they're going to become a millionaire overnight.

What you have to understand is that this is the biggest way, the best way to lose your money is buying with no research.

Do you guys get that there's big entities, huge entities with AI and softwares that are literally targeting people specifically like that to manipulate the price and manipulate your emotions?

They understand psychology to a scientific level. They know how to trigger you, and if you have no research to hedge your faith, you will lose all of your money.

That is the biggest mistake.

New investors make with pride, thinking they don't have to learn anything.

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  ·  2 months ago  ·  

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