#TradingMistakes101
Cryptocurrency trading can be extremely lucrative, but it remains a risky terrain, especially for beginners. Too many investors jump in without a clear strategy, driven by the fear of missing out on an opportunity (FOMO). The result: they buy at the peak and sell at the bottom.
A common mistake is excessive leverage. Many traders use derivatives without measuring the real risks, which can lead to a total liquidation of their position in case of a sharp decline.
Another trap: neglecting risk management. Never setting a stop-loss, allocating all capital to a single position, or blindly following social media opinions are high-risk situations.
Finally, the emotional aspect is often underestimated. Stress, euphoria, or panic can lead to impulsive decisions.
📌 The key: educate yourself, develop a strategy, set realistic goals, and accept that losses are part of the game. Success in trading does not rely on luck, but on discipline.