#TradingMistakes101 Crypto trading is a high-stakes arena where mistakes can be costly. One of the most prevalent errors is emotional trading, letting fear (FUD) or greed (FOMO) dictate decisions. This often leads to buying at market peaks due to FOMO and panic selling during dips.

Another critical mistake is neglecting risk management. Many traders fail to set stop-loss orders, expose too much capital per trade, or don't diversify their portfolios, making them vulnerable to sudden market shifts. Overtrading, driven by a desire to recoup losses or simply boredom, also leads to poor decisions and accumulating fees.

Furthermore, lack of research is a common pitfall. Relying solely on "hot tips" or social media hype instead of understanding a project's fundamentals, technology, and market potential can lead to significant losses. Finally, ignoring security by not using 2FA or secure storage methods can result in stolen funds. Discipline, research, and a solid plan are crucial to navigating the volatile crypto landscape.