#TradingMistakes101

One of the most common mistakes among new traders in the world of cryptocurrencies is entering a trade just because the price "looks low". This simple mistake can lead to significant losses if there is no actual analysis supporting the decision.

Also, among the prevalent mistakes is using high leverage without understanding the risks, or following recommendations from strangers on social media without personal research.

Successful trading does not rely on luck, but on a clear strategy, strict capital management, and good technical and fundamental analysis.

Never forget that emotions are your number one enemy while trading. Fear and greed can destroy the best trading plan.

If you have fallen into any of these mistakes, share your experience with the hashtag #TradingMistakes101 for the benefit of all.