Here are 7 common mistakes in crypto trading, especially relevant in today’s fast-moving and volatile market:

1. FOMO (Fear of Missing Out): Jumping into a coin just because it’s pumping without doing proper research can lead to buying at the top and facing losses when prices correct.

2. Ignoring Market Sentiment & News: Not staying updated on macroeconomic factors (like interest rate decisions or regulations) or breaking crypto news (e.g., ETF approvals, exchange hacks) can lead to bad timing or misinformed decisions.

3. Overleveraging: Using too much margin in trades can wipe out portfolios quickly, especially in today’s volatile environment where sudden price swings are common.

4. Chasing Hype Without Fundamentals: Investing in trending memecoins or tokens promoted by influencers without understanding their utility or backing often ends in losses once the hype fades.

5. Not Using Stop-Loss or Take-Profit Orders: In a market as fast-paced as crypto, not setting risk controls can result in huge drawdowns or missed profit opportunities.

6. Ignoring On-Chain & Technical Data: Relying only on gut feelings or social media instead of tracking wallet movements, volume, support/resistance, and RSI can lead to poor trade entries.

7. Emotional Trading: Letting fear, greed, or impatience override logic—especially after recent market moves—leads to impulsive decisions and poor risk management.