#BTCvsETH

Avoid Overtrading.

Overtrading refers to the act of buying and selling assets too frequently, often driven by emotion rather than a well-thought-out strategy. This can lead to several negative outcomes;

Increased Transaction Costs: Each trade incurs fees (trading fees, network fees), and overtrading can quickly eat into your profits, making it harder to be profitable overall.

Burnout and Stress: Constantly monitoring the market and executing trades can be mentally exhausting and lead to burnout, impacting your decision-making ability.

To avoid overtrading, focus on quality over quantity. Only execute trades when a clear opportunity presents itself according to your pre-defined trading plan and strategy. Patience is a virtue in trading, and waiting for the right moments can significantly improve your result.