$BTC Below are common trading mistakes in the cryptocurrency market and a brief analysis: 1. **Emotional Trading (FOMO/Panic)**: Blindly chasing price increases and selling on dips, with decisions driven by market emotions.
2. **Excessive Leverage**: High leverage amplifies profits while rapidly increasing losses, leading to liquidation.
3. **No Stop-Loss Strategy**: Not setting stop-loss points, causing losses to expand indefinitely until irreparable.
4. **All-In Betting**: Concentrating investments in a single cryptocurrency, which carries extremely high risk and lacks diversification.
5. **Blindly Trusting 'Insider Information'**: Following KOLs or community rumors without independent research (DYOR).
6. **Frequent Trading**: Overtrading increases transaction costs, risking missed long-term opportunities.
7. **Ignoring Security Risks**: Using unsafe exchanges or not enabling 2FA, leading to asset theft.
**Core Issue**: Lack of discipline, risk awareness, and independent judgment. **Solution**: Develop a trading plan, strictly implement stop-losses, diversify investments, rationally assess risk-reward ratios, and continuously learn technical and fundamental analysis.
> The cryptocurrency market is highly volatile; avoiding these mistakes is fundamental for survival.