One of the biggest mistakes new traders make is ignoring risk management. Studies show that over 70% of retail crypto traders lose money primarily due to poor risk control. Placing trades without a stop-loss or risking more than 2% of your capital on a single position can quickly lead to major losses. Another common error is overtrading—jumping in and out of markets based on emotion rather than strategy. Successful traders don’t chase pumps; they plan and wait. Before every trade, ask: “What’s my entry, exit, and risk?” Consistency, patience, and discipline often matter more than finding the perfect setup. Learn, adapt, and protect your capital.
