#TradingStrategyMistakes 🔥6 Crypto Trading Mistakes That Will Rekt You (BTC/ETH/XRP Examples)
Trading crypto without adjusting for each coin’s personality is like using a hammer for brain surgery. Here’s how traders blow up accounts — and how to avoid it:
1. Ignoring Volatility
→ Mistake:Same 10% stop-loss for BTC (stable) & XRP (wild).
→ Result:Stopped out on XRP’s routine 20% pump → miss 30% rebound.
✅ Fix: Tighter stops for BTC, wider for XRP.
2. Leveraging Correlated Coins
→ Mistake: 10x LONG on both BTC & ETH (they move together).
→ Result: BTC drops 15% → ETH drops 20% → MARGIN CALL.
✅ Fix: Never max-leverage correlated assets.
3. Chasing XRP News
→ Mistake: FOMO-buying at $0.90 on "SEC settlement" rumors.
→ Result:News fake → crash to $0.50 → -44%.
✅ Fix: Wait. For. Pullbacks.
4. Trading Low-Liquidity Alts
→ Mistake:Market selling XRP during a BTC flash crash.
→ Result:Slippage slaps you → fills 15% below price.
✅ Fix: Limit orders ONLY for alts.
5. Misreading Alt Seasons
→Mistake:Dumping ETH(up 100%) to buy lagging XRP"before pump".
→ Result:ETH keeps pumping → XRP flat → bag-holding.
✅ Fix:Trade leaders, not laggards.
6. Backtesting in Bull Markets Only
→ Mistake: Strategy works in 2021 bull run → fails in 2022 bear market.
→ Result:-60% drawdown.
✅ Fix:Stress-test in crashes + sideways markets.
Golden Rules:
🔹 BTC = Market leader (trade macro)
🔹 ETH = High-beta tech (trade narratives)
🔹 XRP = Event casino (trade catalysts)
DYOR No Financial advice!
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