It's crazy how many noobz I see losing so much of their hard earned money trying to invest in cryptos because they make these very basic beginner mistakes! I made this video to address the top three reasons you will lose money in crypto!
In case you don't feel like watching this extremely LONG video:
Mistake #1. Trying to time the market.
- This is a huge "nope" and will leave most noobz flat broke. Remember: "Time in the market is better than timing the market"
Mistake #2. Investing in high market cap coins with low prices.
- Just because a coin is "cheap" does not mean it will make you tons of money. It could have a HUGE supply. Always refer to market cap when gauging potential gains.
Mistake #3. Getting Emotional (FOMO vs FUD)
- Do not simply buy into a coin because there is tons of hype around it. You will most likely get burnt. On the contrary do not see simply because a coin has lost some value or due to a black swan event. History has proven that the market always recovers in due time.
BONUS:
- In crypto land GREEN means STOP and RED means GO!
Buy Bitcoin, Get $10 FREE ►►
http://Coinbase.kdub.co
Buy Cryptos on Binance ►►
http://Binance.kdub.co
Buy Cryptos on KuCoin ►►
http://KuCoin.kdub.co
My #1 Hardware Wallet ►►
http://Ledger.kdub.co
Note: I am not a financial advisor. This is just my opinion. Always do your own research before investing.
Watch my top 5 crypto altcoin picks for January here:
https://youtu.be/D9-gPSor0oE
Watch this video again because it's awesome:
https://youtu.be/Ai-Vfo22BAw
#bitcoin #cryptocurrency #ethereum #blockchain #neo #litecoin #monero #cryptoinvesting #ripple #deepbrainchain #substratum #zcoin #icon #icx #ethos #dragonchain #wanchain #aion #tron #verge #ethos