#CryptoCharts101 Common mistakes you should avoid

Trading can be exciting and profitable, but it is also full of traps for beginners. One of the most common mistakes is trading without a clear plan. Many traders get carried away by the excitement of the moment, forgetting that a solid strategy is essential for surviving in the markets. Another frequent mistake is not managing risk: risking too much capital on a single trade can wipe out your account in minutes. Additionally, overtrading—making too many impulsive or bored transactions—takes a toll both emotionally and financially. It is also a mistake to be influenced by rumors or to enter a trend late. Finally, not accepting losses and trying to "recover" quickly only leads to more costly mistakes. Learning from these errors is part of the process, but avoiding them from the start will give you a great advantage. Trade with a cool head and discipline!