$BTC Below are the most common mistakes, particularly easy to encounter with crypto traders:
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🚨 1. Poor risk management
• Overtrading (overleveraged), putting the entire account into one trade.
• Not setting stop loss or setting SL too wide.
• Using high leverage without a backup plan.
Consequences: Account blown after just a few wrong trades, heavy psychological burden, prone to revenge trading.
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😵 2. Trading based on emotions, not according to plan
• FOMO when prices have surged.
• FUD panic selling when the market is in a downturn.
• Trading out of boredom, without clear signals.