#MarketRebound #TradingTools101 💡 Why do beginners lose in cryptocurrencies? 3 deadly mistakes to avoid now!
✍️ By: The Stranger in Life
In every new bull run in the cryptocurrency market, thousands of new traders enter with great enthusiasm, but many come out with painful losses. Why? Because they fall into common mistakes that can be easily avoided.
In this article, I share with you 3 of the most dangerous of these mistakes, along with practical advice from reality that helps you avoid them and improve your experience in the crypto world.
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❌ 1. Buying during a "trend" and fearing to miss out (FOMO)
When a coin starts to rise, talk about it spreads quickly, and many begin to buy out of fear of missing the opportunity. The result? Buying at the peak... and losing at the first correction.
✅ My advice:
Don't enter a coin just because it has become a "trend". Wait for safe entry points, and don't let emotions drive your decisions.
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❌ 2. Poor capital management
Putting all your money into one coin, or entering large positions without a clear plan = painful losses. The market does not forgive those who gamble without thinking.
✅ My advice:
Allocate your capital wisely. Don’t invest more than you can afford to lose. And learn risk management tools like Stop Loss.
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❌ 3. Blind trust in widespread recommendations
"Buy now", "This coin will explode", "Don't miss the opportunity"... Recommendations are everywhere, but they are often not based on analysis.