Blog Details

Published At : 10 Jul, 2025

Avoiding Common Mistakes in Token Purchases

Buying tokens can be profitable, but certain mistakes can cost you money or opportunities.

Mistake 1: Not researching the project — Always check the whitepaper, team background, and roadmap.

Mistake 2: Ignoring transaction fees — Small fees add up, reducing net returns.

Mistake 3: Buying on hype — Avoid investing solely based on social media buzz.

Mistake 4: Using unsecured wallets — Always store tokens in reputable wallets with strong security.

Learning from these mistakes will help you make smarter token purchases.