#TradingMistakes101

Error 1: FOMO Purchases

Chasing green candles and buying at the top can be expensive

Lessons: Do your own research, wait for corrections, and avoid excitement-driven purchases

Error 2: Ignoring Gas Fees

Don't get caught by high gas fees, especially on Ethereum

Lessons: Always check fees first and consider chains with lower fees

Error 3: Not Taking Profits

Not securing profits can lead to significant losses

Lessons: Take profits on the way up, even if it's just 20% - it's better to be safe than sorry!

What I Do Differently Now

-I use stop-loss to limit losses

-I regularly track my portfolio to stay updated

-Focus on coins with real-world utility, not just excitement

-Think long term, not short term