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RE: Hindsight ! oh the dumb mistakes over the years ! I have made plenty

in #cryptocurrency7 years ago (edited)

Another big no-no mistake we all make, is getting sucked into Hype-Trains.

Youtubers will tell you to Buy Crypto X now, now, now and you'll have your doubts, but then as the price does indeed rise you decide to get onboard. It rises more, and you rejoice, open a bottle of champagne to celebrate: You made it!

But then, the dumps start. You panic. Try to get out, sell your hype-coins. Alas, you made a 10-20% loss. Good thing you got out before it got any worse..

...Next time, you stay away from hype coins and stick to solid projects with good fundamentals and long-term future.

I am sure most of us have had experiences like this in the beginning.

P.S. I see you're new, feel free to follow me, I'll follow you in return to help you out!