Common Trading Mistakes in the Cryptocurrency Market - A Guide for Beginners

In June 2025, the cryptocurrency market remains hot, but beginners often incur losses due to the following mistakes:

Blindly chasing and selling: Buying at high prices due to FOMO emotions or panic selling, ignoring technical analysis.

Ignoring risk management: Over 50% of liquidation cases occur due to not setting stop-losses or excessive leverage; it is recommended that a single position does not exceed 5% of total funds.

Frequent trading: Overtrading erodes profits through annualized transaction fees; mainstream exchanges have spot rates of 0.1%-0.3%.

Trusting “insider information”: Over 30% of scams in 2024 stem from false project information; it is necessary to verify the team and on-chain data.

Expert advice: Use hardware wallets to store assets, create a trading plan and strictly adhere to it, and prioritize high liquidity mainstream coins.