#TradingMistakes101

💣 Classic mistakes that cause many people to lose money when trading crypto

One of the most common mistakes is FOMO – buying when the price has already risen sharply just because of the fear of missing out on an opportunity. This leads many people to 'buy at the peak' and lose direction when the market corrects.

The second mistake is not setting a stop-loss, resulting in account depletion after just a few wrong trades. The crypto market is extremely volatile, so if risk is not controlled, sooner or later, it will end badly.

The third mistake is overtrading, entering positions continuously based on emotions rather than following a clear plan.

The solution is: always have a strategy, control your mindset, and learn from your own mistakes – instead of letting the market teach painful lessons.