Do you have a dream of exploring the crypto space and having a successful experience? You might be scared of several things if you are just starting this journey. Just know that you are not alone in this.
Let’s see the top 5 fears every crypto beginner goes through and how to overcome them.
Table of Contents
- Face the Fears! | Tips from Biswap
- Biswap DEX Got Your Back! | Your Easy Entry into the Crypto World
🦾Face the Fears! | Tips from Biswap
Traders may be hesitant to make strong trade decisions because of fear. We’ll tell you about the most common fears you may encounter and give you tips on how to deal with them.
#1 Losing Investment
It’s one of the biggest fears of everyone in the crypto sphere due to the market’s volatility. If you want to be part of this world, you must understand that instability can’t be avoided.
So, better prepare yourself for ups and downs, DYOR to choose where to invest, and treat it with excitement.
#2 FOMO — Fear of Missing Out
This is a feeling when you are afraid of losing a profitable offer or have just sold an asset that is rapidly growing in value. Yes, it’s pretty unpleasant. However, it’s not the end of life.
Practice, experience, patience and strategy are your best friends in case of FOMO.
You can read more about them in our article: https://bit.ly/3W0Ff7A
#3 Forgetting Wallet Private Keys/Losing a Seed Phrase
As a beginner, you can forget that privacy is key. Keeping your assets safe is crucial in DeFi. Here are the main tips for you:
– Don’t keep your private keys/seed phrase in an easily accessible area
– Use a different password for every crypto platform you use
– Never make a digital copy of your personal crypto details
– Always enable 2-factor authentication when possible
#4 Run Into A Scam
The risk of being scammed and left with no assets exists even for the most avid crypto investors. However, beginners especially have this fear due to a lack of knowledge and experience.
Hence the main rule is to research, stay updated and communicate with experienced users.
#4 Not Finding the Right Exchange
There are different kinds of crypto exchanges. Sometimes it’s hard to choose the one that will be right for you.
Check how trustworthy this exchange is and what kind of features, offers and community it has. We know for sure that Biswap DEX is safe and can be profitable for everyone.
Biswap DEX Got Your Back! | Your Easy Entry into the Crypto World
You can sleep tight and get rid of all of your fears by choosing Biswap DEX:
💸The lowest trading fee of 0.2% on BNB Chain
💸Up to 50% Fee Return
💸75% LP Rewards for liquidity providers
💸Profitable features and tools for crypto beginners and PROs
💸Easy passive income opportunities
💸Extra rewards via the unique Multi-type Referral Program
Should we go on and on? Find out more for yourself just by trying it!
Don’t expect too much from the very beginning. Fears interfere with sober thinking, making good decisions, and gaining crypto.
Keep educating yourself and earning with Biswap!
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