#TradingMistakes101 💣 Classic mistakes that cause many to lose money when trading crypto

One of the most common mistakes is FOMO – buying when the price has already 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 stop-loss orders, resulting in account depletion after just a few wrong trades. The crypto market is extremely volatile, so if you don't manage risk, sooner or later, it will end badly.

The third is trading too much, entering trades continuously based on emotions rather than a clear plan.

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