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Posted: 2025-05-10 15:34:36 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-10 15:34:52 UTC
Verified By
Rollup News
This article outlines five common mistakes to avoid when investing in cryptocurrency, including FOMO, ignoring security, chasing losses, not setting stop losses, and not understanding gas fees.
Avoiding FOMO
Prioritizing security with hardware wallets
Avoiding chasing losses
Setting stop losses
Understanding gas fees
Fear of missing out (FOMO)
Inadequate security measures
Emotional trading leading to chasing losses
Lack of risk management with stop losses
Unexpected gas fees eroding profits