TOP 3 MISTAKES YOU LOSE MONEY IN TRADING.
Please avoid these if you want to be successful.
Slow and Steady win the race.
Here are 3 common mistakes that lead to daily losses in crypto:
* Emotional Trading (FOMO/FUD): Buying hyped coins at peaks (FOMO) and panic-selling during dips (FUD) due to fear, rather than rational analysis.
* Poor Risk Management: Over-investing, not setting stop-losses, and failing to diversify, leading to outsized losses when the market turns.
* Lack of Research & Falling for Scams: Investing based on hype or influencer advice without understanding the project, and falling victim to various scams like phishing or rug pulls.