#TradingMistakes101 💸 **Top-5 Mistakes Traders Make When "Losing" Their Deposit**
Many newcomers (and not only) in cryptocurrency lose money not because of the market, but due to their own mistakes. Here are the most common ones:
1. **FOMO (Fear of Missing Out):** Buying "at the peaks" out of panic when everyone else has already entered — is a direct path to losses.
2. **Lack of Strategy:** Trading on emotions without a plan is like playing in a casino.
3. **Too High Leverage:** Margin trading without experience quickly "kills" your deposit.
4. **Ignoring Risk Management:** Without stops and an adequate position size, one mistake can cost you all your capital.
5. **Blindly Following Influencers:** "Retail investors" often buy tokens just because someone on TikTok said "it's a rocket" 🚀
The cryptocurrency market is tough. To avoid "losing" everything, you need a cool head, knowledge, and discipline. Don’t chase quick riches — learn to survive in the long term.