#TradingMistakes101 should pay attention to the following common mistakes:
Incorporating emotions into trading:
Trying to make quick profits leads to impulsive actions and losses.
Excessive risk:
Using leverage and investing a significant portion of capital in one cryptocurrency can be dangerous.
Inadequate risk management:
Lack of stop-losses and inability to exit losing positions in a timely manner can lead to significant losses.
Lack of patience:
The cryptocurrency market is volatile, and quick profits are not always possible.
Getting carried away with news and rumors:
Do not let unverified news and rumors influence your investments.