ilmscore | Top 10 Crypto Mistakes to Avoid in 2025!

Top 10 Crypto Mistakes to Avoid in 2025!

Predictions from this Video

Total: 35
Correct: 0
Incorrect: 0
Pending: 35
Unrated: 0
Prediction
Topic
Status
Crypto investments held through a bear market are expected to be profitable again within a few years, coinciding with the next bull market.
"even if you completely miss the boat and find yourself holding your crypto into a bare market then chances are that you'll be in profit again in just a few years time or whenever the next bull market comes around"
Crypto Market Cycles
Pending
Bear markets are identified as prime opportunities to accumulate crypto in preparation for future bull market rallies.
"That's the prime opportunity to position yourself ahead of the bull market and the insane rallies that will likely follow"
Crypto Accumulation Strategy
Pending
A long-term perspective is crucial for navigating crypto market volatility and achieving portfolio growth.
"In fact even if you make several of the mistakes mentioned in this video a long-term perspective can help you cut through the noise and stay focused on growing your portfolio over time"
Crypto Market Timing
Pending
Even if invested at the peak of a bull market, holding crypto through a bear market is likely to result in profits within a few years, coinciding with the next bull market.
"What's more is that even if you completely miss the boat and find yourself holding your crypto into a bare market then chances are that you'll be in profit again in just a few years time or whenever the next bull market comes around"
Crypto Market Cycle
Pending
During a bear market, the optimal strategy is to accumulate more crypto rather than selling at a loss, in preparation for future rallies.
"This is important because it can be tempting to cut your losses during a bare market but really you should be focusing on accumulating more crypto"
Crypto Accumulation Strategy
Pending
Identifying undervalued cryptocurrencies with strong fundamentals and long-term potential mitigates the impact of missing short-term profit opportunities.
"If your crypto research uncovers an undervalued coin or token with strong fundamentals and a clear long-term vision then missing out on short-term profit taking becomes far less significant"
Altcoin Selection
Pending
The belief that consistent trading of speculative cryptocurrencies is the sole path to profit is a misconception.
"It's easy to believe that the only way to profit is by constantly trading the most speculative coins and tokens"
Crypto Trading Strategy
Pending
Setting clear, tangible goals for selling crypto, such as accumulating enough to buy a house, can bring discipline to an investment strategy.
"For example you could decide to sell half of your crypto in the future once that half can buy you say a new house"
Crypto Investment Strategy
Pending
Capital flows between crypto market narratives, demonstrated by the shift from memecoins to DeFi following the memecoin surge, is a predictable pattern.
"A recent example of this was the memecoin surge at the start of this year Many anticipated that DeFi would be next given that memecoins are primarily traded on dexes a core part of DeFi Sure enough it wasn't long before capital flowed out of memecoins and into DeFi projects"
Crypto Market Trends
Pending
Blindly investing in cryptocurrencies due to the fear of missing out on others' profits ('ape mentality') is an ineffective investment strategy.
"This ape mentality is part of our nature We see others making insane profits and we want a piece of the action So we blindly ape in hoping to catch our ticket to the moon This almost never works"
Crypto Investment Mistakes
Pending
To identify potential future pumps, analyze the narrative of currently rallying cryptocurrencies and look for unpumped assets within that same narrative.
"So instead of looking at which crypto is pumping right now you should instead ask yourself which crypto could pump next To do this simply look at the narrative of the crypto that's rallying and then look around to find a crypto in that narrative that hasn't taken off yet"
Crypto Investment Strategy
Pending
Exploring related narratives to current crypto market trends can reveal other potential investment opportunities.
"Alternatively you can explore other narratives related to the one that's currently pumping"
Crypto Investment Strategy
Pending
Rapid price increases in cryptocurrencies are often driven by whale manipulation and are not sustainable long-term.
"In reality though this price action is often the result of whale manipulation and isn't sustainable in the long term"
Crypto Market Manipulation
Pending
Market narratives for cryptocurrencies typically emerge after price pumps, rather than preceding them.
"The narrative usually comes after the pump It rarely comes beforehand"
Crypto Investment Advice
Pending
A diversification strategy involves allocating capital across various crypto niches, with a focus on those with unpumped potential for significant future gains.
"a strategy used by many investors is to allocate across different crypto niches especially into those that haven't pumped yet but could do so in the near future since that's where the biggest gains will often be found"
Crypto Diversification
Pending
Due to its high volatility and risk, investors should never allocate more capital to crypto than they are prepared to lose.
"It's easy to forget that crypto is a highly volatile and risky asset class which is why you should never invest more than you're prepared to lose"
Crypto Market Volatility
Pending
Concentrating all investment into a single cryptocurrency dramatically increases risk, as a collapse of that asset would decimate the entire portfolio.
"On the one extreme you could go allin on one particular crypto which significantly increases the amount of risk If that crypto crashes or worse goes to zero then your entire portfolio will take a beating"
Crypto Investment Risks
Pending
Diversifying into too many cryptocurrencies, while safer, significantly reduces potential gains due to scattered capital and the difficulty of tracking numerous projects.
"Meanwhile at the other extreme is allocating towards too many cryptos While this is perhaps safer it also significantly reduces the gains that you could make Not only will you struggle to keep up with every single project but the rewards will be much smaller since there was less capital invested into each one"
Crypto Investment Risks
Pending
Finding cryptocurrencies with the potential for extreme returns (100x) is increasingly difficult due to market saturation and heightened competition for capital.
"The reality though is that discovering a crypto gem with that kind of moonshot potential is far more challenging than it used to be With so many coins and tokens on the market today the competition for capital is stronger than ever"
Crypto Investment Expectations
Pending
Prioritizing the establishment and adherence to clear investment goals is more effective than solely focusing on speculative, high-percentage gains.
"So rather than waiting for your portfolio to gain some extra zeros focus instead on creating clear goals and then stick to the plan"
Crypto Investment Strategy
Pending
The tendency to stubbornly hold onto a cryptocurrency despite negative signs, referred to as 'marrying your bags,' can lead to detrimental investment outcomes.
"This mentality is known as marrying your bags and can quickly become an abusive relationship"
Crypto Market Sentiment
Pending
Attempting to buy cryptocurrencies during a price crash ('catching a falling knife') increases exposure to further losses and should be avoided.
"Trying to buy the dip when the price is crashing will only increase your exposure to loss So just don't do it"
Crypto Trading Tactics
Pending
When a cryptocurrency's price is falling, it is advisable to wait for it to reach its bottom before considering any investment actions.
"More importantly if the price is crashing wait for it to bottom out before making any moves"
Crypto Trading Tactics
Pending
Failing to take profits after a cryptocurrency's price increase, only to see it fall back down, is a significant and painful investment mistake known as 'roundtripping your bags'.
"This refers to when you buy a crypto at a low price ride it all the way up not take any profit and then ride it all the way back down again Roundtpping your bags is one of the most painful mistakes an investor can make"
Crypto Profit Taking
Pending
When an investor feels an overwhelming sense of invincibility regarding a cryptocurrency's price trajectory ('mission to the moon'), it is a strong indicator that it is time to consider selling or taking profits.
"When you start feeling like nothing can stop your crypto's mission to the moon that's probably exactly when you should consider selling or at least taking some profits"
Crypto Market Psychology
Pending
It is prudent to secure profits even if a cryptocurrency's price might continue to rise, to avoid the risk of losing all gains if the price plummets.
"Sure it could continue to rally but are you willing to risk losing those gains if the price goes to zero Wouldn't you feel better knowing you've locked in some profits even if the price keeps climbing"
Crypto Trading Strategy
Pending
Modern crypto wallets are user-friendly, providing effortless control over funds and embodying financial freedom.
"Modern wallets are remarkably userfriendly making the process virtually effortless Plus there's no better feeling than having full control over your own funds That is the true definition of financial freedom after all"
Crypto Wallets
Pending
Possession of private keys is essential for true ownership of cryptocurrency, as stated by the maxim 'not your keys, not your coins'.
"That's why there's a saying in crypto not your keys not your coins"
Crypto Security
Pending
Leaving cryptocurrency on an exchange means holding an IOU, not actual ownership, and risks inaccessibility during critical market events due to technical issues.
"Put differently what you hold is essentially an IOU You technically do not own that crypto Whether the market is soaring to new all-time highs or crashing after a black swan event you might find yourself unable to access your funds when it matters the most It's remarkable how often exchanges encounter technical difficulties during these critical moments"
Crypto Exchange Risks
Pending
A 'buy and hold' strategy is often the most profitable approach in crypto trading as it eliminates emotional decision-making and reduces the likelihood of overtrading.
"For many of us a simple buy and hold strategy will be the most profitable and that's simply because it removes all the emotion making us less likely to overtrade"
Crypto Trading Strategy
Pending
Even the most successful crypto traders experience losses, with win rates around 60%, highlighting that consistency is the key to profitability.
"What's more is that these traders make losing trades more often than you might think The win rate of the best traders in the world is only around 60% but consistency is what makes them profitable"
Crypto Trading Skills
Pending
Deposit, trade, and withdrawal fees on cryptocurrency exchanges, though often overlooked, can significantly impact overall investment costs.
"Second exchanges will charge different fees for things like deposits trades and withdrawals These fees are often ignored by investors but they can quickly add up"
Crypto Exchange Fees
Pending
Altcoins, particularly those with smaller market capitalizations, often have limited availability on cryptocurrency exchanges.
"Some altcoins especially those with smaller market caps will have very limited exchange support"
Altcoin Exchange Support
Pending
Crypto influencers are frequently compensated to promote projects, leading to biased research that prioritizes hype and speculation over thorough analysis.
"crypto influencers are often paid to shill crypto projects And of course the result is that their research is biased Indeed they often do the bare minimum of research focusing instead on hype and speculation"
Crypto Investment Research
Pending
Investors should avoid making investment decisions about cryptocurrencies based solely on influencer opinions.
"That's why you should never blindly judge a crypto based on what an influencer has said about it even us"
Crypto Investment Research
Pending