Quite accurate - comment from a person who has burned 8 times :v

⚠️ 14 Mistakes That Will Make You 'Burn' Your Crypto Account – Avoid Them Now!

1️⃣ Using high leverage: 20x–50x can easily 'disappear'. → Only use <5x + set stop-loss.
2️⃣ Trading based on emotions: FOMO, panic. → Trade according to a plan, not by heart.
3️⃣ Underestimating security: Clicking strange links = losing everything. → Enable 2FA, use hardware wallets, be cautious of fake links.
4️⃣ Not DYOR: Listening to KOLs and buying? → Research the project yourself before investing.
5️⃣ Trying to recover losses at all costs: The more you trade, the more you lose. → Stop, clear your mind, then analyze again.
6️⃣ No strategy: Entering trades randomly. → Use a specific strategy (RSI, breakout…).
7️⃣ FOMO crowd: Buying just because the coin is 'hot'. → Wait for a correction, don’t provide liquidity.
8️⃣ Not managing capital: All-in on one trade. → Only risk 1–2% of capital per trade.
9️⃣ Not keeping a journal: Not knowing why you lost. → Record every trade, emotion, result.
🔟 Trading too much: Many trades don’t guarantee more profit. → Focus on quality setups.
1️⃣1️⃣ Not understanding the market: Going against the trend. → Learn how to read market structure.
1️⃣2️⃣ Ignoring news: Unlock, FOMC without knowing? → Follow the event calendar, hot news.
1️⃣3️⃣ Entering trades without confirmation: Buying just because it's green? → Wait for clear signals, volume confirmation.
1️⃣4️⃣ Holding losing coins for too long: Belief = negative 90%. → Cut losses when the trend is lost, don’t 'marry' the coin.

⸻

✅ In summary: To survive and make long-term profits, avoid these 14 mistakes as soon as possible!
#CryptoTips #TradingMistakes #CryptoRisk #StopLoss #DYOR
{spot}(BTCUSDT)

{spot}(ETHUSDT)

{spot}(SOLUSDT)