31 Of Crypto Novices Making Mistakes By Following Friends Advisor Warns

Last updated: June 9, 2025, 08:01

31 Of Crypto Novices Making Mistakes By Following Friends Advisor Warns

Nearly a

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

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

Here are the

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

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

10 Common Mistakes New Crypto Investors Make and How to

In the wave of digital

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

31% of Crypto Novices Making Mistakes by Following Friends

Common Mistakes New Crypto Investors Should Avoid for Success

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

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

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

Buying bitcoin

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

Misconceptions of novice traders in cryptocurrency and how to

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

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