Common Mistakes Made by Cryptocurrency Traders

Trading Based on Emotions: Fear and greed often lead to impulsive decisions. It is crucial to stay calm and follow a strategy.

Not Using Stop-Loss: Trading without loss limits can result in significant capital declines. Always define your risk.

Over-leverage: Using too much leverage increases profits, but also losses. Be prudent.

Entering Without Analysis: Many buy only out of "FOMO" (fear of missing out), without analyzing the chart or the project.

Not Managing Capital: Betting too much on a single trade or coin can lead to losing it all.#TradingMistakes101