14 CRYPTO TRADING MISTAKES THAT KILL YOUR PROFITS!
Avoid these traps before they empty your wallet:
1ļøā£ Over-Leveraging
Using 20xā50x leverage? One small move = account liquidation.
Tip: Keep it under 5x and always set a stop-loss!
2ļøā£ Emotional Trading
Letting FOMO and panic control your buys and sells?
Tip: Follow a trading planānot feelings. Use alerts.
3ļøā£ Ignoring Security
One phishing link = total loss.
Tip: Use 2FA, hardware wallets, and double-check URLs.
4ļøā£ Skipping Research
Copy-pasting trades from influencers?
Tip: Always DYORācheck use case, supply, roadmap, and team.
5ļøā£ Chasing Losses
Revenge trading never ends well.
Tip: Walk away, clear your head, and refine your setup.
6ļøā£ No Strategy
Guessing trades = gambling.
Tip: Stick to tested strategiesābreakouts, support/resistance, etc.
7ļøā£ FOMO
If itās all over social media, you're late.
Tip: Wait for retracements and solid entries.
8ļøā£ Ignoring Risk Management
Betting 50ā100% on one trade? Huge mistake.
Tip: Risk only 1ā2% per trade. Stay in the game.
9ļøā£ Not Tracking Trades
No log = no learning.
Tip: Keep a journalātrack entry, exit, SL, and why you took it.
š Trading Too Often (Overtrading)
More trades ā more profits.
Tip: Quality over quantity. Wait for clean setups.
1ļøā£1ļøā£ Not Understanding Market Structure
Blind to trends and reversals?
Tip: Learn higher highs/lows, key zones, and market phases.
1ļøā£2ļøā£ Ignoring News & Events
Airdrops, unlocks, FOMCānews drives markets.
Tip: Stay informed. Set calendar alerts for major updates.
1ļøā£3ļøā£ Trading Without Confirmation
Jumping in on the first green candle?
Tip: Wait for confirmationāvolume, retest, or candle close.
1ļøā£4ļøā£ Holding Bags Too Long
Believing every dip will recover?
Tip: Cut losses early. Donāt marry your coinādate it!