Why do more than 90% of Binance traders lose - and how to maintain your place in the 5% winning category
Losing in cryptocurrencies is common, but it can be avoided. Most mistakes are emotional, not technical.
Common mistakes on Binance:
Chasing highs
If a coin has already risen by 30-50%, jumping on it usually means buying someone else's profits.
Using essential funds
Trading with borrowed money or emergency funds = emotional decisions = failed trades.
High leverage = high risk
Leverage between 10 and 20 times can wipe out your account in a single candle. Use it cautiously or avoid it.
Fear of missing out
Fear of missing out leads to late buying. Binance trends are not always signals; sometimes they are exit points.
What smart Binance traders do:
Trade only with extra money
Wait for the right setups
Study well before investing
Stay calm during downturns
Ignore the hype, and stick to your plan
Quick golden rules:
▪️ No setup? → No trading
▪️ Are you trading everywhere? → Warning
▪️ Leverage over twice the leverage? → Big risk
▪️ Do you feel emotional? → Take a break
🧭 Conclusion:
Cryptocurrencies are not a race. They are a game of patience, learning, and discipline.
"Sometimes, the best trade... is not to trade.