10 CRYPTO TRADING MISTAKES THAT DRAIN YOUR PORTFOLIO – AND HOW TO AVOID THEM! 🚨💸
Most traders don’t lose because of the market they lose because of bad habits. Here’s how to break the cycle:
1️⃣ Over-Leveraging Kills Accounts
Using 25x–50x leverage for quick wins? One bad candle and you’re liquidated.
Pro Tip: Keep it under 5x and always set a stop-loss.
2️⃣ Emotional Trading
Panic selling bottoms, FOMO buying tops—sound familiar?
Pro Tip: Stay level-headed. Use a trading plan, not impulses.
3️⃣ Poor Risk Management
Risking too much on one trade? All it takes is one red candle.
Pro Tip: Never risk more than 1–2% per trade.
4️⃣ No Stop-Loss or Take-Profit
Hoping price comes back? Hope is not a strategy.
Pro Tip: Set stop-losses and secure profits along the way.
5️⃣ Ignoring Fundamentals
Buying random coins from influencers without research?
Pro Tip: Check the project’s utility, tokenomics, and team.
6️⃣ Chasing Losses
Trying to “win it back” usually leads to deeper losses.
Pro Tip: Step away. Journal your trades. Come back clear-headed.
7️⃣ Lack of Strategy
Jumping between memes, NFTs, and altcoins with no plan?
Pro Tip: Pick a proven strategy—scalping, swing, or HODL.
8️⃣ Security Negligence
Phishing links, fake airdrops, and poor wallet hygiene will wipe you out.
Pro Tip: Use cold wallets, strong passwords, and 2FA.
9️⃣ Letting Winners Turn Into Losers
Holding too long waiting for "one more pump"?
Pro Tip: Lock in gains. Trail your stop-loss upward.
🔟 FOMO & Hype Chasing
If it's all over Twitter, you’re probably late.
Pro Tip: Wait for retracements. The best entries are usually boring.
Final Reminder: Master your mindset, manage your risk, and stick to your system. Smart trading beats fast gambling every time.
Save this list and review it before every trade!
FTX Plans to Distribute $5 Billion to Creditors on May 30
FTX has announced that it will pay $5 billion to creditors with approved claims before April 11, 2025, on May 30.
To be eligible for the payment, creditors must have had their claims approved by April 11, 2025. They are also required to complete identity verification (KYC), submit the necessary tax forms, and select a distribution service provider. This round of payouts prioritizes claims valued over $50,000. Creditors who missed earlier distributions but completed the required steps before the April deadline will also be included.
Those selecting Kraken or BitGo as their distribution partner will receive funds within 1–3 business days after May 30. Previously, FTX disbursed around $800 million to creditors with claims under $50,000, and another $400 million payout to this group is expected by the end of 2025.
All payouts are based on asset valuations as of November 2022, when FTX filed for bankruptcy, not current market prices. As a result, many analysts believe this influx of capital could trigger a new “altcoin season” as creditors reinvest to recover losses.
FTX has so far recovered between $14.7 billion and $16.5 billion in total assets. The bankruptcy estate estimates that 98% of eligible creditors will receive at least 118% of their original claim value, in cash — though still calculated based on the 2022 asset prices.
FTX has warned that creditors who do not complete the necessary procedures by June 1 risk forfeiting their claims. The platform urges all involved parties to check their status via the official claims portal
$BTC $XRP $BNB
COINBASE FACES UP TO $400M LOSS AFTER CYBERATTACK EXPOSES CUSTOMER DATA
- Coinbase, one of the largest cryptocurrency exchanges in the U.S., revealed a significant cyberattack that could cost the company between $180 million and $400 million, according to The Guardian.
Key Details:
- The attack targeted a small subset of customers, exposing personal data but sparing critical login credentials and passwords.
- The breach unfolded when hackers infiltrated the company’s internal systems by paying off several contractors and employees outside the U.S.
- Per reports, these insiders handed over customer information including names, addresses, and emails.
- Coinbase reportedly terminated those involved and is cooperating with law enforcement agencies.
- In a regulatory filing, Coinbase detailed the hackers reaching out demanding a $20 million ransom to keep quiet.
- The company refused to pay and instead established a $20 million reward fund to encourage tips leading to the arrest and conviction of the perpetrators.
Response from Coinbase to Customers:
- Despite the stolen data, Coinbase assured customers that login details remained secure.
- However, criminals used the leaked information to impersonate the exchange and trick some users into sending funds directly to the attackers.
- Coinbase committed to reimbursing anyone who fell victim to these scams.
- The exchange urges customers to remain vigilant, reminding them it will never ask for passwords, two-factor authentication codes, or transfers to unfamiliar addresses. The company advises users to lock their accounts if they suspect suspicious activity.
- Coinbase emphasized transparency and accountability: “To the customers affected, we’re sorry for the worry and inconvenience this incident caused. We’ll keep owning issues when they arise.”
- Security challenges continue to plague crypto platforms. A recent report from Chainalysis highlights that hacking-related losses in the crypto sector totaled $2.2 billion in 2024 alone.
Bitcoin and the Retail Investor Wave: Is It Time for Takeoff?
The Bitcoin (BTC) market is undergoing a notable shift in momentum as retail investors make a strong comeback in growing numbers. Recent social indicators reflect a surge in engagement, signaling an increasing appetite for risk among individual investors.
As of now, Bitcoin’s price has dropped by 1.48%, settling at $102,156. While retail interest is clearly on the rise, BTC’s upward momentum appears to have temporarily stalled. The key question remains: Is this new wave of retail investors strong enough to sustain bullish pressure and drive Bitcoin back to its all-time highs?
$BTC $ETH $SOL
Bitcoin and the Retail Investor Wave: Is It Time for Takeoff?
The Bitcoin (BTC) market is undergoing a notable shift in momentum as retail investors make a strong comeback in growing numbers. Recent social indicators reflect a surge in engagement, signaling an increasing appetite for risk among individual investors.
As of now, Bitcoin’s price has dropped by 1.48%, settling at $102,156. While retail interest is clearly on the rise, BTC’s upward momentum appears to have temporarily stalled. The key question remains: Is this new wave of retail investors strong enough to sustain bullish pressure and drive Bitcoin back to its all-time highs?
$BTC $ETH $SOL
The LiteSol Ponzi game is meant to punish traders, and reward players of the game. (https://t.co/1sidfVZxrL)
If you just buy and passively hold, you will eventually get diluted.
You have to use those tokens to upgrade your rigs, and swing trade a bit, that's the way to make $.
and get friends in, with the ref link.
XRP News Updates-
XRP’s regulatory clarity remains rock-solid as Ripple’s legal chief confirms its non-security status is untouched, even after a court setback stalls a proposed SEC deal.
#Ripple Legal Chief Defuses Panic After Court Rejects #SEC Deal Over $XRP
{spot}(XRPUSDT)
Ripple’s chief legal officer, Stuart Alderoty, addressed the crypto community on Thursday on 15th May 2025, following a court ruling that denied a joint request by Ripple Labs and the U.S. Securities and Exchange Commission (SEC) to amend a previous judgment in their ongoing case over XRP.
Writing on social media platform X, Alderoty clarified that the court’s decision does not undo Ripple’s key legal victories, stating:
"Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc)."
The Ripple legal chief explained that the ruling concerns procedural issues tied to the dismissal of Ripple’s cross-appeal, rather than any substantive finding about XRP.
“This is about procedural concerns with the dismissal of Ripple’s cross-appeal,” he said.
Always #DYOR before investing in Crypto and Trade Wisely by using #StopLoss it's #Write2Earn topic.
Also check daily price for $BTC & $ETH too.
Hey Binance Square Fam! ❤️
Want to win big profits? Here’s how to follow my signals the smart way! 🔥
Every day, I provide high-accuracy Spot & Futures signals — and many traders are already securing profits by following these simple steps:
1️⃣ Follow Me Here on Binance Square
Stay connected and never miss a signal update.
2️⃣ Read the Signal Carefully
Each post includes:
✅ Entry Zone
✅ Target Points (TP1, TP2, TP3)
✅ Stop Loss (SL)
✅ Market Insight
3️⃣ Understand Before You Trade
Don’t rush — take a moment to understand the setup and manage your risk properly.
4️⃣ Execute with Discipline
Stick to the plan. No panic. No overtrading. Just smart execution.
5️⃣ Repeat with Patience & Consistency
This is how real profits are made — one smart trade at a time.
Follow my signals, trust the process, and let’s grow together.
Big wins come to those who trade with a strategy!
#BinanceSquareFamily #CryptoSignals #WinBigWithMe #SmartTradingStrategies #CryptoMaster786