The four major pitfalls in the crypto world, who falls into them feels heartbroken:

1) FOMO chasing highs: reluctant to sell after a rise, stubbornly holding through a fall;
2) Leveraged contracts: want to double your money, but end up losing your principal;
3) Shanzhai local dogs: get in based on stories, then project teams run away;
4) Chicken co-in exchanges: depositing money is easy, withdrawing coins is as difficult as climbing to the sky.
The market is not short of opportunities, but what’s missing is a sense of reverence. Protect your principal, and you’ve already won half the battle. $BTC