“Why Do Small Investors Lose in Cryptocurrencies? 6 Common Mistakes and How to Avoid Them”
Small investors in cryptocurrencies fall into the trap and lose money due to several common factors, which can be summarized as follows:
1. Lack of knowledge and experience
• Many small investors enter the cryptocurrency market without a deep understanding of the market or the technologies behind the currencies.
• Lack of familiarity with the basics of technical and fundamental analysis leads to ill-considered investment decisions.