* Volatility: Crypto prices swing wildly. Without understanding charts, trends, or market news, you're buying/selling blindly into unpredictable movements.

* Complexity: Binance has many order types (limit, market, stop-loss), futures, margin trading. Misusing these tools leads to significant losses.

* FOMO/FUD: Fear of Missing Out (FOMO) makes you buy high, Fear, Uncertainty, Doubt (FUD) makes you sell low. Emotions kill profits.

* No Plan: Trading without a strategy (entry/exit points, risk limits) is random. You need a disciplined approach.

* Risk Management: Not using stop-loss orders means unlimited downside. Over-risking per trade can wipe out your capital quickly.

* Scams/Security: Uneducated users are easy targets for phishing, fake projects, or improper wallet management.

To avoid losing money:

* Educate yourself: Learn technical analysis, fundamental analysis, risk management. Binance Academy is a free resource.

* Start small: Don't invest much until you're comfortable.

* Practice: Use demo accounts if available, or trade tiny amounts.

* Plan: Develop a trading strategy and stick to it.

* Manage risk: Always use stop-loss orders. Never risk more than you can afford to lose.

* Control emotions: Trade with logic, not fear or greed.

* Secure your account: Enable 2FA, use strong passwords, be wary of suspicious links.