14 CRYPTO TRADING MISTAKES THAT KILL YOUR PROFITS!
Avoid these traps before they empty your wallet:
1️⃣ Over-Leveraging
Using 20x–50x leverage? One small move = account liquidation.
Tip: Keep it under 5x and always set a stop-loss!
2️⃣ Emotional Trading
Letting FOMO and panic control your buys and sells?
Tip: Follow a trading plan—not feelings. Use alerts.
3️⃣ Ignoring Security
One phishing link = total loss.
Tip: Use 2FA, hardware wallets, and double-check URLs.
4️⃣ Skipping Research
Copy-pasting trades from influencers?
Tip: Always DYOR—check use case, supply, roadmap, and team.
5️⃣ Chasing Losses
Revenge trading never ends well.
Tip: Walk away, clear your head, and refine your setup.
6️⃣ No Strategy
Guessing trades = gambling.
Tip: Stick to tested strategies—breakouts, support/resistance, etc.
7️⃣ FOMO
If it’s all over social media, you're late.
Tip: Wait for retracements and solid entries.
8️⃣ Ignoring Risk Management
Betting 50–100% on one trade? Huge mistake.
Tip: Risk only 1–2% per trade. Stay in the game.
9️⃣ Not Tracking Trades
No log = no learning.
Tip: Keep a journal—track entry, exit, SL, and why you took it.
🔟 Trading Too Often (Overtrading)
More trades ≠ more profits.
Tip: Quality over quantity. Wait for clean setups.
1️⃣1️⃣ Not Understanding Market Structure
Blind to trends and reversals?
Tip: Learn higher highs/lows, key zones, and market phases.
1️⃣2️⃣ Ignoring News & Events
Airdrops, unlocks, FOMC—news drives markets.
Tip: Stay informed. Set calendar alerts for major updates.
1️⃣3️⃣ Trading Without Confirmation
Jumping in on the first green candle?
Tip: Wait for confirmation—volume, retest, or candle close.
1️⃣4️⃣ Holding Bags Too Long
Believing every dip will recover?
Tip: Cut losses early. Don’t marry your coin—date it!