#TradingMistakes101

Trading Mistakes in Crypto — and How to Avoid Them

So, you’ve entered the world of crypto trading.

Exciting? Yes.

Profitable? Maybe.

Dangerous? Definitely — if you don’t know what you’re doing.

Whether you're a total beginner or a casual trader, avoiding common mistakes could be the difference between making it and losing it all.

Here are the top 7 crypto trading mistakes that cost people real money — and how to protect yourself from making them.

1.Trading Without a Plan

Jumping into the market without a strategy is like sailing into a storm with no map.

You need to know:

What you’re trading

Why you’re trading

When you’re entering and exiting

How much risk you can handle

2. 💥 FOMO Buying (Fear of Missing Out)

You see a coin pumping on Twitter or TikTok, and suddenly you feel it in your gut:

“If I don’t buy this NOW, I’ll miss out forever!”

FOMO is how people buy the top and become someone else's exit liquidity.

3. 🔻 Panic Selling During Dips

Prices crash. Your heart races. You sell to “cut losses.” Then… the market bounces right back.

Welcome to emotional trading, where fear overrides logic.