1) You don't do your own research (DYOR)
Research a coin before you invest in it.
So many people invest based on hype. They see other investors on Twitter or Facebook talking about a coin, see the coin's price rising, and then buy off of impulse. This often ends badly.
Do your own research.
2) You don't take your profits
If you want your cryptocurrency investment strategy to profit, you have to sell and accumulate profits eventually.
Learn from others mistakes. At the end of 2017, during the big boom of cryptocurrencies, lots of investors became rich if they sold for profits. On the other hand, many had theoretical profits but overheld into this bear market. Now, they are stuck holding at a loss, waiting for the next bull run.
Remember: You don't profit until you sell back to realize your gains.
Unfortunately, there are 30+ pages and due to the rules, I am not allowed to post it here, so you can download the full guide here
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