#TradingMistakes101 TradingMistakes101 All traders make mistakes, but learning from them is what distinguishes the successful. In cryptocurrency trading, there are several common traps to avoid. One of the biggest mistakes is "FOMO" (Fear Of Missing Out), which leads investors to buy assets at high prices for fear of missing out on an upward trend, often resulting in losses when the market corrects. "FUD" (Fear, Uncertainty, and Doubt) can also be harmful, causing panic selling based on unfounded rumors. Another frequent mistake is over-leveraging, which magnifies both gains and losses. Not having a clear trading plan or failing to set stop-loss and take-profit limits can lead to impulsive and emotional decisions. Avoid putting all your eggs in one basket; diversification is key. Finally, the lack of research or ongoing education will leave you vulnerable to volatile market conditions. Learn, adapt, and trade with discipline!