 Here are five mistakes that you need to avoid, or you will never get rich in crypto. Mistake number one, not doing enough research. If you're going to invest in crypto, you need to do your homework. Mistake number two is FOMO trading. Do not let your emotions get the best of you. Fear of missing out can lead to some pretty big losses. Mistake number three is ignoring risk management. I know it's tempting to throw all your money into one coin all at one time, but that is a very risky move. Make sure to have a plan in place for managing risk because you don't want one bad trade to erase 10 good trades. Mistake number four is not securing your crypto assets properly. You want to make sure you're not getting hacked or losing your funds to an exchange going bankrupt. Make sure to take all the necessary precautions to keep your crypto safe. Remember, not your keys, not your crypto. Mistake number five is falling for scams. If something seems too good to be true, it usually is. Don't fall for crypto scams, they're literally everywhere. Don't forget to like and subscribe for more videos just like this.