#TradingMistakes101

Common Crypto Trading Mistakes (and How to Avoid Them)

Crypto trading is exciting—but it’s also easy to get wrecked if you’re not careful. Whether you're just starting or need a reminder, here are some of the most common mistakes traders make—and how to dodge them.

❌ 1. FOMO Buying

“Everyone’s buying it, I have to get in!”

📉 Usually right before a dump.

✔️ Solution: Have a strategy. Buy with a plan, not with emotion.

❌ 2. No Stop-Loss

Hoping a trade will bounce back? That’s how portfolios disappear.

✔️ Solution: Always set a stop-loss to protect yourself from heavy losses.

❌ 3. Overleveraging

Using 20x leverage might feel powerful—until one candle liquidates your entire account.

✔️ Solution: Use low or no leverage unless you’re experienced.

❌ 4. Chasing Pumps

Jumping into a coin that just pumped 200%? You’re likely exit liquidity.

✔️ Solution: Look for good entries, not hype candles.

❌ 5. Not Taking Profits

“I’ll sell when it hits 10x…”—and then it drops 90%.

✔️ Solution: Scale out profits. Even partial gains protect your capital.

❌ 6. No Journal or Review

If you’re not tracking your trades, you’re not learning from them.

✔️ Solution: Keep a simple trade journal with entry, exit, reason, and outcome.

🎯 Trading = Discipline

The market rewards patience, not panic.

You don’t have to be perfect—just consistent, humble, and aware.