#TradingMistakes101
Learn Before You Burn
Trading crypto is exciting, but beginners often repeat the same avoidable mistakes. Here are some common pitfalls to watch out for:
🚫 1. FOMO Buying
Jumping into a coin just because it’s pumping? Classic Fear of Missing Out. Prices often correct right after hype — patience pays.
📊 2. No Strategy
Trading without a clear plan is like sailing without a map. Decide your entry, exit, and stop-loss before placing a trade.
💼 3. Ignoring Risk Management
Never invest more than you can afford to lose. A small % of your capital per trade helps you stay in the game longer.
🧪 4. Not Doing Your Own Research (DYOR)
Don’t blindly follow influencers or memes. Know what the project does, who’s behind it, and why you’re investing.
📈 5. Overtrading
More trades ≠ more profits. Sometimes the best move is to wait. Quality over quantity.
💬 Your turn: What’s a trading mistake you made early on that others can learn from?