11 Crypto Trading Mistakes In Bear Market That Destory YOUR PROFIT TRADING!!🚀🔥🚀🔥
1_ OVER Leveregaing! !!
At 5x leverage in crypto trading, the trade size is $5000.if the price goes up by 10%, your profit is $500,With 10x leverage, your $1,000 gives you exposure to $10,000 in crypto assets.
Tips.
Stock to 5x- 10x max and alaways use a stop lose!
2_ Emotional trading!!
Can lead to significant losses, and traders must learn to detach their feelings from their investment decisions.
Tips. Trade your plane, not your emotions!
3_ Ingoring Security! !
A security risk refers to the potential for unauthorized access, data breaches, or damage to an organization's systems and data.
tips. Use hardware wallet. 2FA.
4- Skipping Reaserch!
the practice of continuing or increasing bets after experiencing losses in an attempt to win back the lost money.
tips. . Check tokenomics road map, team!
5_ Chasing Losses!
Dubling down after losses=disater.
tips. Take a break, breathe and rest!
6_ NO Strategy!
“I'm sorry, I'm unable to fit this in.”
“No, thank you, but it sounds lovely.”
Tips. Stick to defined mothed or swings.
7_ Panic selling!8-FOMO!9- Holding hopeles.