31 OF CRYPTO NOVICES MAKING MISTAKES BY FOLLOWING FRIENDS ADVISOR WARNS

Last updated: June 15, 2025, 10:59  |  Written by: Michael Saylor

31 Of Crypto Novices Making Mistakes By Following Friends Advisor Warns
31 Of Crypto Novices Making Mistakes By Following Friends Advisor Warns

In The Wave Of Digital

10 Common Mistakes New Crypto Investors Make and How to

31% of new crypto buyers influenced by friends. Here’s why that

In the wave of digital currency, more and more novices are attracted by its potential high returns and are stepping into the cryptocurrency world. However, trading is not a smooth path, and

A Recent Study Published By

A recent study published by the Financial Industry Regulatory Authority, the Investor Education Foundation, and NORC at the University of Chicago has revealed that

Avoiding common mistakes protects investments and promotes informed decision-making. Key strategies include educating yourself on cryptocurrency fundamentals

Common Mistakes New Crypto Investors Should Avoid for Success

From Overlooking Real

From overlooking real-world utility to letting emotions take the wheel, beginners frequently fall into traps that can drain their wallets and confidence. Here’s a

31% of new crypto buyers influenced by friends. Why to be

Buying bitcoin, ethereum and other digital assets just on the basis of a friend's recommendation may lead to trouble, experts say. Investors may not understand the

Here Are The

Misconceptions of novice traders in cryptocurrency and how to

Our analysis reveals that even popular wallets are not designed for novice users' needs, stopping them when they would be ready to engage with the technology. We

Here are the 10 most common mistakes new crypto investors make and how you can avoid them. There are many mistakes new and experienced cryptocurrency investors can make. Learn as

Nearly A

31% of Crypto Novices Making Mistakes by Following Friends

Scams, Fees, and Lost Passwords: Avoid the 10 Biggest Mistakes of

Nearly a third31%of new cryptocurrency investors in 2025 used a friend’s suggestion as their primary reason for buying in, according to a recent joint study

(PDF) Don’t Stop Me Now! Exploring Challenges Of First-Time

Michael Saylor can be reached at [email protected].

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