#CryptoFees101

Avoid Overtrading

Overtrading refers to the act of buying and selling assets too frequently. But there’s some disadvantage of over trading :

1.Increased Transaction Costs: Each trade incurs fees (trading fees, network fees), and overtrading you may be quickly loss your profits, making it harder to be profitable overall.

2.Burnout and Stress: Constantly monitoring the market and executing trades can be mentally exhausting and lead to burnout, impacting your decision-making ability.

To avoid overtrading, focus on quality over quantity. Only execute trades when a clear opportunity presents itself according to your pre-defined trading plan and strategy. Patience is a virtue in trading.