#TradingMistakes101

Navigating crypto trading can be challenging. Common mistakes include:

* Lack of Research: Jumping into tokens based on hype without understanding their fundamentals or use case. Always "Do Your Own Research" (DYOR).

* Emotional Trading (FOMO/FUD): Buying during a pump (Fear Of Missing Out) or selling during a dip (Fear Uncertainty Doubt) instead of sticking to a plan.

* No Trading Plan/Risk Management: Trading without clear entry/exit points, stop-losses, or proper position sizing. This is crucial for protecting capital.

* Overtrading: Making too many impulsive trades, leading to increased fees and potential losses.

* Neglecting Security: Not using strong passwords, 2FA, or hardware wallets, making assets vulnerable to scams and hacks.

Avoiding these pitfalls is key to sustainable crypto trading.