#SouthKoreaCryptoPolicy Top Crypto Trading Mistakes to Avoid (That Cost Real Money)

Most traders don’t fail because of bad coins — they fail because of bad habits. Here are the most common trading mistakes and how to avoid them for long-term success.

In crypto, mistakes don’t just hurt — they cost money.

The difference between consistent profits and constant losses? It’s not always strategy. It’s discipline.

Most Common Trading Mistakes (And How to Avoid Them)

1. Entering Without a Plan

If you don’t know your entry, exit, and stoploss before a trade — you’re gambling, not trading.

Solution: Define a trading plan and stick to it.

2. Chasing Green Candles

FOMO buying at the top is one of the fastest ways to lose.

Solution: Wait for pullbacks or clear setups — not emotion.

3. No Risk Management

Risking your whole capital on one trade can wipe you out.

Solution: Use position sizing. Risk only 1–2% of your total capital per trade.

4. Overtrading

More trades ≠ more profit. It often leads to emotional burnout and losses.

Solution: Trade quality, not quantity.

5. Ignoring Stoplosses

Hoping for a bounce after a dump? That’s not a strategy.

Solution: Respect your stoploss. Every time.

6. Getting Influenced by Social Media

Random tips from influencers or groups can ruin your logic.

Solution: Learn your own analysis. Filter noise.

7. Revenge Trading

Lost a trade? Don’t try to win it back instantly.

Solution: Take a break. Come back with a clear head.

My Rule:

Before every trade, I ask: “What’s the worst-case scenario here?”

If I’m not okay with that answer — I don’t enter.

In trading, defense matters more than offense.

Follow @mythoughts — no hype, just thoughts.