#CryptoFees101

Reality: Markets do not adhere to your expectations, and the contrary trend may persist for months. Holding onto a losing trade without a clear exit plan often leads to account zeroing.

- Treatment: Using a Stop Loss is a necessary defensive tool, not a sign of weakness. Accepting a small loss is better than waiting for the unknown.

Overconfidence in momentary predictions

- Misconception: "This trade is guaranteed!"

- Reality: There is no guaranteed trade in the market. Even the strongest analyses remain probabilities. Making decisions based on emotion or hastiness can wipe out capital in minutes.

- Treatment: Create a Trading Plan before entering the market, defining your entry point, profit target, and stop loss. Be prepared for the possibility of the trade failing.

Emotional drift in repeated buying