Most crypto beginners lose money the same predictable ways. Here are 7 mistakes — and how to avoid each.
1. FOMO buying at the top when everyone's talking about it. 2. Putting all your savings in — crypto should be 5–10% of your portfolio, never your emergency fund.
3. Chasing 100x altcoin tips from WhatsApp groups (usually pump-and-dumps). 4. Leaving everything on exchanges instead of using a hardware wallet for large holdings.
5. Panic selling during normal 30% corrections (which happen every cycle). 6. Using leverage as a beginner — 90% get liquidated. Stick to spot buying.
7. Ignoring tax — the IT Department sees every trade via TDS. The fix for all 7: start small, buy quality (BTC/ETH), DCA, hold, secure your keys, and file Schedule VDA.
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