#TradingMistakes101 Don’t Let the Bull Run Blind You

With Bitcoin soaring past $105,000, it’s easy to feel like we’re all financial geniuses. Social feeds are glowing green, and influencers are shouting “to the moon!” But in every bull market, traders—especially newer ones—make the same costly mistakes. Let’s talk about a few you should avoid right now.

🚫 Mistake #1: FOMO Buying at the Top

Just because Bitcoin is hitting all-time highs doesn’t mean it’s the best time to jump in with full capital. Many traders buy impulsively without considering whether they’re entering at a peak. Wait for confirmation or a retracement; discipline beats hype.

🚫 Mistake #2: Ignoring Risk Management

In a euphoric market, traders tend to over-leverage or go all-in. Always use stop-losses and only risk what you can afford to lose. One bad trade in a volatile moment can wipe out weeks of gains.

🚫 Mistake #3: Chasing Pumps Without Strategy

Jumping from coin to coin trying to catch the next 100x? This scattershot approach leads to burnout and poor decisions. Have a plan. Whether you’re day trading or holding long-term, strategy is your lifeline.

🚫 Mistake #4: Not Taking Profits

Watching your portfolio grow is great—but unrealized profits are just numbers on a screen. Set profit-taking targets. Don’t let greed keep you in a trade too long.

🚫 Mistake #5: Ignoring Macro Sentiment

Crypto doesn’t exist in a vacuum. Be aware of regulation changes (e.g., South Korea’s evolving crypto policy), institutional flows, and market-wide sentiment. Tools like the Fear & Greed Index and volume analysis help keep you grounded.