#TradingMistakes101
trading mistakes in crypto:
1. Lack of a Plan: Trading without a clear strategy often leads to impulsive decisions and losses.
2. Emotional Trading: Fear and greed drive poor choices—panic selling during dips or overbuying during hype.
3. Ignoring Risk Management: Not using stop-loss orders or overexposing capital can wipe out funds quickly.
4. Overtrading: Making too many trades leads to high fees and poor judgment.
5. Following the Crowd: Blindly copying influencers or hype trends without research can be costly.
6. Poor Research: Failing to understand the project, market trends, or technical indicators increases risk.
7. Using High Leverage: While tempting, leverage amplifies both gains and losses, often leading to liquidation.
8. Neglecting Security: Trading on unsafe platforms or not enabling 2FA can lead to stolen funds.
Always trade with discipline and education.