#CryptoCharts101 makes a 'classic' mistake that causes many to lose money when trading crypto
One of the most common mistakes is FOMO – buying when the price has surged just out of fear of missing the opportunity. This leads many to 'buy the top' and lose direction when the market corrects.
The second mistake is not setting a stop-loss, resulting in account liquidation after just a few wrong trades. The crypto market is extremely volatile, so if you don't manage risk, sooner or later, you will face losses.
The third mistake is trading too much, entering orders 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 you painful lessons.