The Biggest MISTAKE Beginners Crypto Investors Make (And How to Avoid It)
Avoid doing this if you’re a beginner at cryptocurrency investing! This video discusses the wrong mindset to have and how people behave who invest poorly. Then, we review what smart investors do and use the Wingriders DEX as an example protocol for keeping an eye on your investments.
Crypto Courses, Events & More: www.cryptofluency.com
Wingriders Video Link: “Make Your Crypto WORK FOR YOU” Watch here: https://youtu.be/QZXWcbMv2zs
Chapters:
00:00 What is the Biggest Mistake Beginner Crypto Investors Make and Why
02:10 Why is Beginner’s Luck at gambling or investing a curse?
02:40 A true story of a guy who made it big investing in crypto.
05:00 How SHOULD new investors approach investing in crypto?
06:40 A true story of a guy who invested and lost big.
08:00 Why do investors who lose big usually keep losing big?
09:30 What should investors do to keep from losing big, or if they have lost money?
10:01 What is FOMO (Fear of Missing Out)?
10:20 What do smart investors do that poor investors don’t do?
13:20 An example of how you can keep tabs on the projects you invest in (Wingriders)
14:10 What is the best way to track a project you’re investing in?
20:20 A useful resource to check if your investment project is being audited.
22:00 A look at a Wingriders update that shows charts within the Decentralized Exchange
24:30 What to do if you’re investing in a project that becomes insolvent
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