How I Made $100 on Binance – and Then Lost It: Mistakes You Should Avoid

Let me tell you a quick story – one that cost me $100 but taught me a lesson worth way more.

A few weeks ago, I hopped on Binance with the dream of making some quick gains. I started small, tried a few trades, watched some YouTube videos, and boom – I turned $50 into $100 in just a couple of days. I felt like a genius. Crypto was easy... or so I thought.

Then I got greedy.

Here’s where I messed up:

1. I didn’t take profits. I watched my coins double, but instead of securing the gains, I held on “just in case it goes higher.” Spoiler: it didn’t.

2. I followed hype, not strategy. I jumped into a trending token without research, just because I saw people tweeting about it. Classic FOMO move.

3. I ignored risk management. I put nearly my entire balance into one trade instead of diversifying or setting stop-losses.

Result? I lost the $100 I made — and a bit more.

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What you can learn from my mistake:

Take profit when you hit your goals.

Never invest based on hype alone.

Always use risk management tools.

Emotions will wreck your strategy – stay disciplined.

Crypto can be a wild ride. You can win fast, but you can also lose faster if you're not careful. So learn from my $100 mistake before it becomes yours.