#TradingMistakes101
Common Crypto Trading Mistakes (In Short):
1. FOMO (Fear of Missing Out): Buying at the top due to hype.
2. No Stop-Loss: Not setting limits to cut losses.
3. Overtrading: Making too many trades without strategy.
4. Ignoring Research: Following random tips instead of doing analysis.
5. Emotional Trading: Letting fear or greed control decisions.
6. Poor Risk Management: Investing more than you can afford to lose.
7. Chasing Losses: Trying to recover losses quickly, often leads to more loss.
8. Ignoring Fees: Not accounting for trading fees and slippage.
9. Holding Bad Coins: Refusing to sell failing investments (bag-holding).
10. Lack of Patience: Expecting quick profits in a volatile market.