1. Buying High, Selling Lower: The Trap
You see a coin pumped 80% today. You buy it thinking it’ll go 100% more.
Reality: You just bought someone else’s bags. They’re exiting, you’re entering.
👉 Tip: If it’s already pumped, wait for the dump. Crypto always pulls back.
2. Leverage is a Double-Edged Sword
10x looks hot. 50x makes you feel like a boss.
But guess what? A 2% move against you and you're liquidated.
👉 Real Talk: Start with 1x or 2x, or don’t touch futures until you’ve at least spent 6 months in spot.
3. Signals, Influencers & Fake Gurus
That dude showing 1000% gains? He’s not showing you the losses.
Telegram pump groups? They're dumping on you.
👉 Rule: If they flex profits but don’t show logic or charts, they’re farming your attention.
4. Not Using a Plan = Gambling
Don’t enter a trade without knowing:
Where to enter
Where to exit
Where to cut losses
👉 Otherwise, it’s not trading. It’s just emotional gambling in a volatile market.
5. Holding Hopium Bags
Bought some low cap alt at ATH? And now it's -80%?
And you’re still holding, saying “One day it’ll come back”?
👉 Sometimes, it won’t. Know when to cut. Learn from it. Move on.
6. Not Understanding Tokenomics
You bought a coin, but didn’t check:
Total supply?
Unlock schedule?
👉 One unlock day and BOOM — price nukes 30%. Always research before aping in.
8. Revenge Trading
Lost one trade. So you take another. Then another. Then boom — your capital’s gone.
👉 Walk away. Cool down. Real traders take breaks.
🔒 Bonus: Secure Your Binance Account
2FA > SMS
Anti-phishing code enabled
Never share seed phrases
Turn on withdrawal whitelist
👉 Most hacks aren’t technical. They're you clicking fake links
✅ Golden Rules (Pin This in Your Mind)
Always use stop-loss
Don’t go all-in
Never trade without a reason
DYOR > FOMO
Charts + News = Power
