7 CRYPTO TRADING MISTAKES THAT KILL YOURS PROFITS .
1️⃣ **Over-Leveraging**
- **Why it kills:** Using 20x or 50x leverage might feel powerful, but even a 1-2% move against you wipes your account.
- **Tip:** Stick to 2x–5x *max* if you're new, and always use stop-losses.
2️⃣ **Emotional Trading**
- **Why it kills:** Emotional traders buy tops (FOMO) and sell bottoms (panic).
- **Tip:** Pre-plan trades and stick to your rules. Use alerts, not adrenaline.
- **Pro Move:** Journal your trades to spot emotional patterns over time.
--3️⃣ **Ignoring Security**
- **Why it kills:** One phishing attack, fake app, or shady DEX and your funds vanish.
- **Tip:** Use hardware wallets, 2FA, and avoid clicking random Telegram/Discord links.
- **Pro Move:** Spread funds across multiple wallets and never keep large amounts on exchanges.
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4️⃣ **Skipping Research**
- **Why it kills:** Copy-trading influencers or buying random coins leads to bags no one wants.
- **Tip:** Study fundamentals (tokenomics, team, roadmap), community strength, and real use cases.
- **Pro Move:** Use tools like Messari, TokenUnlocks, or DeFiLlama to DYOR like a pro.
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5️⃣ Chasing Losses
- **Why it kills:** Going all-in after a bad trade is like doubling down in a casino.
- **Tip:** Take a break after a loss. Reassess, reset, and don’t let ego drive your next move.
6️⃣ **Trading Without a Strategy
- **Why it kills:** Random buying and selling is gambling, not trading.
- **Tip:** Develop a strategy (e.g., breakout, range, scalp, swing) and stick to it.
- **Pro Move:** Backtest your strategy and track performance over time to refine it.
7️⃣ FOMO
- **Why it kills:** By the time Twitter’s hyped, whales are already dumping.
- **Tip:** Let the FOMO pass. Great entries always come with patience.
-Pro Move:Enter before the hype or wait for post-pump corrections.
