🧵 THREAD: Why Most Crypto Traders Lose Money — And How to Avoid Becoming One of Them 💸📉

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Here’s the harsh truth:

👉 Over 80% of crypto traders LOSE money.

Not because crypto is a scam...

But because they treat it like a casino.

Let’s break down why, and how you can play smarter 🧠👇

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❌ Mistake #1: Chasing Hype

You see a coin trending.

Green candles everywhere.

Your emotions say, “Buy now or miss out.”

So you ape in.

Result? You’re exit liquidity.

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❌ Mistake #2: No Plan

You enter with no entry strategy, no target, no stop loss.

You "hope" it goes up.

Hope is not a strategy.

Discipline is.

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❌ Mistake #3: Overtrading

You trade every setup.

You check charts 24/7.

More trades ≠ more profits.

It often means more mistakes.

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❌ Mistake #4: Influencer Worship

You trust influencers with zero track record.

Paid shills, meme coins, affiliate rug pulls.

Their gains = your losses.

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❌ Mistake #5: Ignoring Risk

You bet 50–100% of your portfolio on one coin.

One bad day wipes you out.

Even pros risk only 1–2% per trade.

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✅ Want to win? Do this:

Master risk management

Use TA/FA, not emotions

Journal your trades

Study macro & narratives

Play long-term, not lotto

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🔑 Bonus Truth:

The best traders are often the most boring.

They wait.

They watch.

They strike when the odds are stacked.

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💬 Final Thought:

Crypto isn’t a get-rich-quick scheme.

It’s a get-disciplined-slowly game.

Treat it with respect—or it will destroy you.