#CryptoCharts101 Trading with emotions! Yes, because nothing says "success" like buying a currency named "DogePepeInu" just because its picture is funny.

Tip: Don't trade like you're watching memes, the market is not Instagram.

The second mistake: Chasing peaks. Did you see the price of Bitcoin rise? Great, let's buy it now after it has quadrupled! (Then we look at the ceiling after the crash and think: "I should have bought when it was cheap.").