#TradingMistakes101 Many people make common cryptocurrency trading mistakes due to excitement or lack of knowledge. One major mistake is investing based on hype or FOMO, leading to purchases at peak prices. Others fail to adequately research projects, relying on unreliable sources. Overtrading, or constantly buying and selling, can result in high fees and losses. Ignoring risk management, such as setting stop-losses or only using what you can afford to lose, is another critical mistake. Emotional decisions, panic selling during downturns, or holding onto bad investments also harm portfolios.