#TradingMistakes101 Beginners in crypto trading often make mistakes that can lead to significant losses. Here are the most common ones:

### 🚨 **Common Mistakes of Beginners**

1. **Lack of Research** – Not understanding the fundamentals of an asset beforehand

2. **Investing More Than One Can Afford to Lose** – Market volatility can lead to quick losses[ "2").

3. **Absence of a Trading Plan** – Entering the market without a clear strategy increases risks

4. **FOMO (Fear of Missing Out)** – Buying an asset solely because it is trending

5. **Poor Risk Management** – Not using stop-losses or diversification can exacerbate losses "2").

6. **Overtrading** – Making too many transactions without thorough analysis can deplete capital

7. **Blindly Following Influencers** – Copying strategies without understanding the risks