7 Mistakes in Crypto That Silently Suppress Your Profits
We correct what may be harming your trades without you realizing:
1️⃣ Dependence on High Leverage
Are you using 50x leverage? One movement and you can lose it all.
Solution: Limit yourself to a leverage of 3x to 5x and make sure to use a stop-loss.
2️⃣ Income Motivated by FOMO
Chasing green candles after a breakout? It's too late.
Solution: Wait for pullbacks to occur and for confirmations, avoid getting carried away by enthusiasm.
3️⃣ Lack of Research
Trusting influential figures instead of doing your own inquiry? It's a significant mistake.
Solution: Analyze the project's use case, the involved team, and the established roadmap.
4️⃣ Trading Without a Strategy
Random entries lead to unpredictable results.
Solution: Define your entry point, exit, and stop in advance before clicking “Buy”.
5️⃣ Ignoring Risk
Betting everything on a single option? One loss can ruin your investment.
Solution: Never risk more than 2% on each transaction.
6️⃣ Panic Selling
Watching a red candle? Selling. Green candle? Buying out of fear of missing out.
Solution: Let reason guide your trading decisions, don't let emotions take over.
7️⃣ Absence of a Journal
You forget your profits and repeat the same mistakes.
Solution: Document your trades. Learn from them. Improve your skills.
Be prudent. Keep calm in your trades. Make profits frequently. Save this information now!
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