#TradingMistakes101

*Crypto Trading Mistakes That Made History*

3 cautionary tales:

1. *$24 Million Uniswap Slip-Up (2020)*: A trader lost millions due to a lack of slippage limit on Uniswap, buying tokens at inflated prices.

2. *$120,000 Fee for Small BTC Transfer (2023)*: A Bitcoin user accidentally set an exorbitant fee for a small transfer, losing $120k to a miner.

3. *Binance Glitch Crashes Bitcoin to $8,200 (2021)*: A bug in an institutional trading algorithm caused a flash crash on Binance US, briefly dropping Bitcoin's price from $65,000 to $8,200.

These mistakes highlight the importance of understanding trading mechanics and being cautious.

#TradingMistakes101 #CryptoLessons #TradingCaution