#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 surged out of fear of missing the opportunity. This leads many people to 'buy high' and lose direction when the market adjusts.

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 'be in trouble'.

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

The solution is: always have a strategy, control your psychology, and learn from your own mistakes – rather than letting the market teach you painful lessons.