📲 Insider Information in my Socials 👉
🛒 20% Binance Low cost 👉
👕 “ETH Evolution” Shirt 👉
🔥 TOP Crypto TIPS In My E-newsletter 👉
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📺 Helpful Vids 📺
Aave Video 👉
Crypto Exchanges 👉
Find out how to DYOR 👉
Most secure {Hardware} Wallets 👉
Crypto Tax Ideas 👉
Prime Scams 👉
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– TIMESTAMPS –
0:00 Intro
1:50 Mistake 1
5:00 Mistake 2
7:40 Mistake 3
9:28 Mistake 4
11:24 Mistake 5
13:08 Mistake 6
15:43 Mistake 7
17:23 Mistake 8
19:23 Mistake 9
21:08 Mistake 10
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🔖 Sources 🔖
► $5 Wrench Assault:
► Misplaced Bitcoin Passwords:
► IRS Tracks Bitcoin:
► Robbers Stealing Bitcoin:
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1️⃣ Not Having a Plan 1️⃣
A technique is necessary as a result of it can assist to tell your investing selections in a comparatively constant and pre-programmed approach.
It limits you from making fast and typically emotional selections when buying and selling explicit cash. Most frequently, it’s deviations from nicely thought out methods that see newbies get rekt.
2️⃣ Utilizing the Flawed Change 2️⃣
It’s essential guarantee that the alternate that you’re utilizing works in your buying and selling preferences. It must be secure and has to have the cash that you just wish to commerce on it.
It’s a must to DYOR to guarantee that the alternate doesn’t have restrictive insurance policies in relation to withdrawals.
You additionally must guarantee that the charges aren’t too excessive. Buying and selling charges can construct up over time and significantly restrict your upside potential.
3️⃣ Not DYOR 3️⃣
The good act of DYOR is essentially the most underrated funding edge that you would be able to recover from all the opposite people who find themselves leaping within the markets.
Not solely does it assist you to take full possession over your funding selections nevertheless it additionally means that you would be able to analysis a few of these hidden gems that different buyers haven’t even heard of.
4️⃣ Taking Too A lot Threat 4️⃣
This leads you to make selections that are suboptimal and go in opposition to the technique that you just outlined initially.
When you find yourself taking an excessive amount of danger within the crypto markets, you are likely to make emotional selections due to the excessive stakes which are concerned.
Attempt to keep away from excessive leverage in case you are beginner.
5️⃣ Not Securely Storing 5️⃣
In case you are holding crypto for the long run then you might want to retailer it off exchanges. You’ll most likely wish to spend money on a {hardware} pockets. It is a small insurance coverage coverage.
6️⃣ Not Retaining Backups 6️⃣
Make sure to make common backups of not solely all of your seed phrases. Additionally, you will wish to just remember to have backups of alternate passwords and two issue authentication seeds.
You must contemplate retaining these in a secure location like a secure deposit field.
7️⃣ Sending Funds to incorrect Deal with 7️⃣
Too many newbies ship funds to the incorrect tackle. You all the time have to just remember to are sending that crypto to the appropriately supported chain.
You’ll want to make a take a look at transaction with a smaller quantity to guarantee that it’s being picked up on the opposite finish.
8️⃣ Not Contemplating Tax 8️⃣
You must all the time make investments with consideration to the tax implications. The taxman has turn into fairly environment friendly in relation to monitoring these transactions.
You might also wish to contemplate when you find yourself taking your revenue as it will impression in your revenue within the numerous tax years.
9️⃣ Telling Individuals 9️⃣
Do not inform folks how a lot crypto you maintain and that you’re invested in crypto. They needn’t know the way a lot you’ve gotten and whenever you do that you open your self as much as a theft or worse.
🔟 Falling For a Rip-off 🔟
There are plenty of scams on the market in crypto. These vary from ponzi schemes to giveaways and phishing assaults. You’ll all the time have to ask your self whether or not the provide in query is just too good to be true.
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📜 Disclaimer 📜
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable danger of loss. The speaker doesn’t assure any explicit final result.
#Crypto #Errors #Bitcoin #scams #tax #hacks #secure
Source: Coin Bureau
49 Responses
Hope these help you navigate those waters folks. Any other mistakes you guys have made that should be on this list? Don't forget to follow me on my other socials for info you are not getting here 👉 https://guy.coinbureau.com/socials/
In binance I can put my bitcoin into "savings" but I don't think there is anything like that on my ledger wallet?
Your mistake is going to be not buying Saitama Inu at this moment… message me in 6 months from now to see how I went…I'm 7x atm 👍
"…the uncouth scalliwag who knicked my man-bag…" 😂😂😂😂😂
Good Guy doesn't wants to give as ads, this is high quality content
No research needed you just said why its an idea. Everyone does so get 1st.
My strategy is get drunk and buy nothing but altcoins recommended to me on reddit
Wow he doesn't have ads. Great content!
Hello, I am actually looking for a broker who can help me trade and make a good profit, i have been seeing many recommendations but i don't think they're trustworthy. Please can someone recommend me a good broker.
Hello coin bureau, have you heard of Odysee? it would be great if you could sync your channel over there
Bet you didn't know you are level 10 already!
Damn, I was almost compelled to try this seed from the card!
Didn't even realize the lack of ads on all your vids. You are a saint Guy!
Thanks
Guy is going to start trolling and giving out bad coins on purpose! 😂
Jeff Berwick, the scammer who pumped Pirate Chain (ARRR) to his unsuspecting listeners.
I like Guy ,He`s kind of funny!
If you're in America for god sakes don't use a safe deposit box
It's strange how people talk about the profits they've been Making through crypto trading while I'm here not making any profit at all please can someone put me through on the right path.
man of honor. not running ads on a 1M yt channel
I need ur prediction one more time, buddy. found out an article about Shrew. As I got it, they are using blockchain feature for everyday shopping benefits and gift card AND are talking to a global card provider…VISA or Mastercard…could be pretty perfect asset.
W>h>a>t>s>A>p>p +1""4""7""0""6""7""3""4""6""6""4
True said emotional!!
Great insights, notable points are; "don't be emotionally attached, invest with amount you can afford to lose, time your buys and sells for long term investors". Over the years I have made similar mistakes though I'm a short term investor and this is how I came out successful after lots of mistakes and losses of over $100k, decide on the type of investor you want to become long term or short term? buy the dips instead, for long term investors set buy limits and duration(lets say you want to invest $100 you can regulate buy limits of $10 for 10wks) this reduce losses. For short term investors who prefers trading you need to understand it's kind of a gamble but I approached this successfully by investing with an expert in trading reasons are they understand the markets and this is a full time job for them. It's also notable to understand that 5% of these real traders are not on youtube cos they are basically one of the busiest professionals in the world and lastly there's no "BEST STRATEGY" you can only get it right or wrong.
Absolutely a great channel.
I invest in ADA because it's going to the moon and overtaking ETH in 5 years time.
PSA: YouTube's License Agreements have changed. They can now play ads whenever they want, even on unpartnered channels. I really hope there is some way you can keep the ad-free strategy 🙁
Thank you.
I'm guilty of buying every crypto you promote as soon as I see the video title on my feed
Investing without a plan is my nickname
Hush-hush Puppies.😘
HODL all life. 🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻🤌🏻
<great post 🙌🏻Very detailed and precise video you put up mate I love your contents, it's funny how some people out there still haven't accepted the fact that cryptocurrencies continue to reshape the world globally, It's hard for anyone going against it these days, though from a trader's perspective I feel we really need more experts in the field updating newbies/investors on how the community works, lately the price of BTC has been fluctuating which means the market is currently open and you can't tell if it is going to bearish or bullish, this uncertainty pushes most traders away and forces investors to hold, I'd say it's outrightly wrong to just sit back and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stock up more coins should be our ultimate goal thereby making profits, it all depends on the pattern with which you trade and also the source of your strategies. I started with 2 BTC and I have accumulated over 5.5 BTC in just 4weeks, with the right trading strategy given to me by an expert trader Watson Hills.. His methods are top-notch and profitable and he can be contacted easily on T e l e g r a m [ @watsonhill and also whfor Crypto related concern✊.
Great advice as always Guy. Thank you.
U look like a taxman
Most people venture into crypt0 to be a milli0naire, meanwhile, I just want to be debt free
Can you look at rtm? Xla?
Honestly i love the ad free channel of ypurs, cant beleive i wa5ch from start to finish and never ski0. I love you good sir
I have invested in shiba inu and I'm really hoping is one of those tokens that really succeed after hearing so much 🚀🚀🚀
the uncouth scallywag who nicked my manbag
ShibToTheMoon!!!! We went from "gold/silver" to "paper/digital" money, (for the non believers, ask your self) so why not to "Crypto" money? I love crypto currency! Crypto currency is the future
Thank you for your vids. Very very insightful.
where that ETH Evolution hoodie at tho
I think This pandemic situation of the world presently, have taught people the importance of multiple stream of income. Investing in bitcoin is another way of making extra money
I make huge profits on my investment since i started trading with mrs Lucy Mark, her trading strategies are top notch coupled with the little commission she charges on her trade.
I like your shirt but the guy with the spear and credit card kinda ruin it.
CHOOSING TO INVEST IS THE BEST DECISION ANYONE CAN MAKE. WITH THE RIGHT APPROACH AND AN EXPERT CRYPTO TRADER, IT WORKS.
Guy, brilliant video, as usual. Many thanks!
Off to buy some merch, best channel on YouTube. Keep up the great work Guy!