5 Mistakes New Crypto Traders Make (and How to Avoid Them) 🚀

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Starting your crypto journey? Avoid these beginner traps:

1️⃣ FOMO Buying 😱

Buying because a coin is pumping.

🔹 Avoid by: Sticking to your plan, not emotions.

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2️⃣ No Stop-Loss 🚫

Holding until it’s too late.

🔹 Avoid by: Always set stop-loss levels before entering.

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3️⃣ Over-Leveraging 💥

Using too much leverage can wipe your account.

🔹 Avoid by: Start with low leverage (2x–3x).

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4️⃣ Chasing Too Many Coins 🪙

Spreading too thin across random projects.

🔹 Avoid by: Focus on a few coins you understand.

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5️⃣ Ignoring Risk Management 📉

Betting your whole portfolio on one trade.

🔹 Avoid by: Risk only 1–3% per trade.