Many enter crypto hoping for instant profits, but end up stuck or losing. Why can that happen?

💡 Here are 5 reasons why many traders fail in spot trading and how to avoid them.

5 main reasons why you (might) fail to profit from spot trading:

  1. Don't have a buying and selling plan

  2. FOMO buying at the peak

  3. Don't understand support & resistance

  4. Overexposure in one coin

  5. Impatient, eager to cut losses early

The solution? Use a DCA strategy, learn basic technical analysis, and be patient like a true swing trader.

#SpotTrading #CryptoEducation #BinanceSquare