3 mistakes that make you lose money in crypto and how to avoid them! 🚫📉
If you're starting in the crypto world or even if you've been around for a while, these common mistakes may be draining your profits without you realizing it. Here they are with clear solutions:
1. Buying out of FOMO 😱
You see a crypto rising and buy without thinking. Result: you buy high.
Solution: have a strategy and stick to your entries. Wait for the pullback.
2. Not using stop loss ❌🛑
Many lose everything waiting for it to "recover."
Solution: define a clear exit point. Always protect yourself.
3. Following anyone 🎯
Not everything that shines on social media is gold.
Solution: follow accounts that teach, not just brag about profits.
Remember: trading is like a sport. You improve with practice, discipline, and learning from mistakes.
Share if it helped you and follow me for more daily trading tips and technical analysis.
Let's grow together on Binance! 🚀