$ETH #TradingTools101 💡 Why do beginners lose in cryptocurrencies? 3 fatal mistakes to avoid now!
✍️ By: The Stranger in Life
In every new bull wave in the cryptocurrency market, thousands of new traders enter with great enthusiasm, but many of them leave 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 will help you avoid them and improve your experience in the crypto world.
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❌ 1. Buying at the "trend" and fear of missing 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:
Do not enter a coin just because it has become a "trend". Wait for safe entry points, and do not let emotion drive your decisions.
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❌ 2. Poor capital management
Putting all your money in one coin, or entering large trades without a clear plan = painful losses. The market does not forgive those who gamble without thinking.
✅ My advice:
Distribute your capital wisely. Do not 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 real analysis.
✅ My advice:
Trust your mind.
