#TradingMistakes101 Cryptocurrency trading can be exciting... but also costly if you don't know what you're doing. Here are 5 common mistakes you must avoid at all costs:
❌ 1. Entering due to FOMO
Buying just because "everyone else is doing it" usually ends badly. Research before you invest!
❌ 2. Not using stop-loss
Without an exit plan, a small loss can turn into a big disaster.
❌ 3. Over-leveraging
Using margin without fully understanding it = recipe for chaos. More leverage, more risk.
❌ 4. Trading without a strategy
Entering the market without technical or fundamental analysis is like betting blindly.