" There are several types of beginners in the crypto market..... "
And each often makes… the same mistakes, but for different reasons.
❄️ The pump hunter He buys when everything is rising and sells when everything is falling. ❌ Mistake: FOMO + emotional decisions. ✅ Solution: wait for confirmations, have an entry and exit plan before buying.
📝 The trader without a plan He enters positions “on a whim,” changes his mind every hour. ❌ Mistake: no strategy, no risk management. ✅ Solution: define a simple strategy + risk a small fixed percentage per trade.
😎 The blind maximalist He believes that a single project will dominate everything and ignores negative signals. ❌ Mistake: lack of objectivity, no diversification. ✅ Solution: diversify and reassess positions with facts, not beliefs.
😩 The impulsive copy trader He follows everything he sees on social media without understanding. ❌ Mistake: dependency on others, no real learning. ✅ Solution: always understand why a trade is made before copying it.
The impatient investor He wants quick results and gives up too soon. ❌ Mistake: short-term vision in a volatile market. ✅ Solution: set realistic goals and think in market cycles.
💡 No matter the profile, the key remains the same: discipline + risk management + continuous learning. The market rewards those who survive long enough to progress.
Many people believe that it's crypto trading that will make them rich 😎
The answer is "NO".😮💨
What makes the difference in the long run is not the ability to “guess” the market…
it’s risk management.📊
📉 The crypto market is unpredictable. Even the best traders have losses. The real question is not “how much can I earn?” but rather: how much am I willing to lose to stay in the game?
📝 Risk management is: • defining a maximum amount to risk per trade • using smart stop-losses • protecting your capital before seeking profit • avoiding over-trading and emotional decisions • thinking in probabilities, not in lucky breaks
💡 A profitable trader doesn’t win all the time. They lose little when they are wrong and win more when they are right. In crypto, surviving = progressing. And progressing = managing risk better than others.
📊 Capital is your working tool. Without it, no strategy works.
So according to you, what is the most common risk management mistake among beginners?🕵🏻
Today, many neglect NFTs without really understanding their potential, somewhat like cryptocurrencies in their early days.
🔍 But at its core, what is an NFT?
💡An NFT (Non-Fungible Token) is a unique digital asset, recorded on the blockchain. Unlike traditional cryptocurrencies like Bitcoin or ETH, which are interchangeable (1 BTC = 1 BTC), each NFT has its own characteristics and its own value.
✨ NFTs can be seen as: • digital property certificates • digital works of art • game items • exclusive access or Web3 identities 🌐 Their future is not limited to profile pictures: NFTs could play a major role in gaming, music, digital real estate, event tickets, and digital ownership.
📈 Like cryptocurrencies, adoption takes time… but the technology continues to evolve.
🫵🏻And you, do you think NFTs still have a solid future in the crypto ecosystem?
Beginning of my journey on Binance Square 🚶🏿 Hello community! I am starting today my journey on Binance Square with a clear objective: learning about the market, analyzing, and sharing useful topics about the crypto market. 😎 What you will find here: • Simple market analyses • Tracking crypto trends • Educational ideas to progress together • Real experiences (without unnecessary hype)
🧐 My vision: to understand the market in the long term rather than seeking quick gains. If you enjoy clear and honest crypto content, feel free to follow and engage with me 🤝 Question of the day: are you more into short-term trading or long-term investing?