TradingMistakes101 is an introductory lesson on the "classic" mistakes that new cryptocurrency traders often make. Here is a brief summary:
Many new traders enter the market like setting sail without a map. They buy at the peak - sell at the bottom, FOMO into trends, or trust "YouTube experts" more than analysis. Some neglect risk management, pouring all their capital into a "hot" coin, and then... losing everything from their account. Many trade based on emotions: just after a loss, they take a big position to "recover" — and end up losing their assets. 😅
👉 Lesson: Always have a strategy, manage risk, and don’t trade when you are... sleepy or heartbroken.