Seven pitfalls that retail investors must avoid in cryptocurrency trading, see how many you've fallen into.
Buying and selling rely entirely on feelings and news, with no personal plan at all; this is the beginning of losing money.
Only willing to buy when prices are rising, wanting to sell when prices drop, resulting in buying at the top and selling at the bottom.
Either going all-in on one cryptocurrency and betting on luck, or buying a mix of coins and earning nothing.
Feeling proud of profits as if it's a skill, blaming bad luck for losses, never reviewing trades, and always falling into the same pit.
Emotions controlled by the numbers in your account, greedy when making money, fearful when losing money, perfectly set up to be harvested by the market.
Always eager to inquire about insider information; often, when you know, it’s already time to exit.
Either going all-in, or only adding to a losing position bit by bit, without understanding position management.
To survive in the market, the key is not to guess price movements but to establish your own trading system, which must be strictly executed, regularly reviewed, and continuously optimized.
Remember, losses are lessons from impulsive trading, while profits are the result of maintaining discipline.

