Top Five Common Mistakes In Crypto Trading:

Every Beginner And Pro Trader must Read it:

✅Lack of Research (FOMO Trading): Many traders jump into cryptocurrencies due to hype or fear of missing out (FOMO), without understanding the project, technology, or market dynamics. This often leads to poor decisions and losses.

✅Overtrading and Leverage Misuse:

Trying to make quick profits through excessive trading or using high leverage can amplify losses. Crypto markets are volatile, and leverage multiplies risk as much as reward.

✅Ignoring Risk Management:

Not setting stop-loss orders or risking too much capital on one trade can lead to significant losses. Smart traders always manage their risk by diversifying and setting limits.

✅Emotional Trading (Greed & Panic Selling): Letting emotions drive decisions—like buying when prices soar or panic-selling during a dip—often results in buying high and selling low.

✅Not Securing Assets Properly:

Storing crypto on exchanges without using secure wallets increases the risk of hacking or exchange failures. It's safer to use hardware or non-custodial wallets for long-term holding.