If you’re losing money, chances are you’re making one (or more) of these. Here’s what to avoid:
1. Using Too Much Leverage
Going 20x or more? One bad trade and you’re done.
My Tip: Stick to 2x–5x max, and always use a stop-loss.
2. Letting Emotions Take Over
Buying from FOMO or panic-selling never ends well.
My Tip: Trust your plan, not your gut. Set alerts—don’t trade on impulse.
3. Weak Security Habits
One wrong click and your crypto's gone.
My Tip: Cold wallets, 2FA, and never trust random links.
4. Not Doing Your Own Research
Following influencers blindly? You’ll end up holding garbage.
My Tip: Learn the basics—check the project’s use case, roadmap, tokenomics, and team.
5. Chasing Losses
Trying to “make it back” fast usually makes it worse.
My Tip: Step back, breathe, and wait for a solid setup.
6. Trading Without a Game Plan
No plan? You’re just gambling.
My Tip: Use real strategies—breakouts, range trades, or swing trading.
7. Falling for Hype
If everyone’s already talking about it, you’re probably too late.
My Tip: Let the hype cool off, then decide. Patience wins.
Save this and trade smarter—don’t let simple mistakes wreck your portfolio.