#TradingMistakes101 #TradingMistakes101

## 5 Fatal Mistakes in Crypto Trading (Avoid Them!)

Cryptocurrency trading offers opportunities but is full of traps. Here are the mistakes you must absolutely avoid to survive:

1. Invest more than you can afford to lose: Volatility is extreme. Never use money for rent or bills. Consider every invested capital as potentially lost.

2. Neglecting Security: Do not leave funds on exchanges. Use hardware wallets (Ledger, Trezor) for significant amounts. Enable two-factor authentication (2FA) everywhere.

3. Trading without a Strategy or Stop-Loss: Randomly entering is suicide. Define entry/exit points before trading. Always set stop-losses to limit losses automatically.

4. Getting Caught Up in FOMO and FUD: Buying at the peak (Fear Of Missing Out) or selling in panic (Fear, Uncertainty, Doubt) is the best way to lose. Maintain discipline, ignore the noise.

5. Ignoring Research (DYOR - Do Your Own Research): Do not blindly follow "gurus" or online advice. Study projects, technology, teams, and roadmaps before investing.

Conclusion: Crypto trading requires discipline, strict risk management, maximum security, and continuous study. Avoiding these mistakes is the first step towards a more informed and secure approach.