7 Mistakes That Burn Your Profits – Avoid These!

Trading crypto can build wealth—or destroy it fast. Many traders unknowingly make mistakes that wipe out gains. Here's how to trade smarter:

1️⃣ Overusing Leverage

Don’t gamble with 50x! A 2% move can liquidate you. Use 2x–5x max and always set a Stop-Loss.

2️⃣ Emotional Trading

FOMO and panic kill profits. Stick to your plan, set alerts—not stare at candles. Journal your trades.

3️⃣ Weak Security

Hackers love careless traders. Use 2FA, hardware wallets, and never click shady links.

4️⃣ Copying Without Research

Influencers can mislead. Check tokenomics, dev team, real use cases—don’t blindly follow hype.

5️⃣ Revenge Trading

Lost 3 trades in a row? Stop. Breathe. Don’t risk it all trying to "win it back."

6️⃣ No Strategy

Random entries = random results. Master one style (Breakout, Swing, Range) and stick with it.

7️⃣ FOMO Buying

Social media pumps = exit point for whales. Wait for retests, check RSI/MACD before entering.

Final Word

Crypto trading is a skill. Control emotions, protect your capital, and refine your plan daily. Trade smart—grow steady!

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