โ ๏ธ Buying the top, selling the bottom
They jump in when the price is already pumping without proper analysis โ usually buy near the top.
Then panic sell when the price drops โ double loss.
๐ฐ No trading plan
Trade emotionally without clear entry, take-profit, or stop-loss strategies.
๐ Chasing trends without understanding
Jump into hype coins without researching the project, tokenomics, or trading volume.
๐ Following others blindly
Rely on influencers, social media, or Telegram groups without doing personal research.
๐ง Letting greed take over
Refuse to take profits when in the green, expecting price to keep rising โ ends up in loss when the trend reverses.
๐ Constantly switching coins
Sell one coin to chase another just because it's pumping โ miss out on both.
๐ Overtrading
FOMO leads to too many trades โ higher fees, more stress, and increased risk.
๐ Not using stop-loss
Believe the price will bounce back, so they avoid cutting losses โ end up losing much more.
๐ Poor risk management
Go all-in on a single coin based on hype โ one wrong move can wipe out the portfolio.
๐งฉ Not learning from mistakes
Lose money but donโt reflect or adjust strategy โ repeat the same emotional trading behavior.
#FOMOalert #BinanceSquareTalks