#TradingMistakes101
Common crypto trading mistakes include:
Emotional Trading: Letting fear (FUD) or greed (FOMO) dictate decisions, leading to impulsive buys at peaks or panic sells at lows.
Lack of Research: Investing in projects without understanding their fundamentals, use case, or underlying technology.
Ignoring Risk Management: Not setting stop-loss orders, over-leveraging, or failing to diversify a portfolio.
Overtrading: Making too many frequent trades, incurring excessive fees and increasing the chance of poor decisions.
Falling for Scams: succumbing to fraudulent schemes like pump-and-dumps or fake giveaways.
Neglecting Security: Not using strong passwords, 2FA, or secure storage (like hardware wallets).