#TradingMistakes101 One of the worst mistakes as a trader is to jump into a cryptocurrency without the slightest study. In my first Lauchpool, it was easy for me to try to take advantage of the currency's volatility to make a lot of money, and the orders I placed were very high. By betting against the trend that the crypto quickly took, I was liquidated and lost everything I had in my wallet (which was not much) but I ended up with nothing.