#TradingMistakes101 🚫 Top 7 Crypto Trading Mistakes (I’ve Made Most of These)

Whether you're new or experienced, crypto trading will test your discipline. Here are the most common mistakes that wipe out accounts—or sanity.šŸ‘‡

šŸ”» 1. FOMO Buying

> You see a green candle, and you chase it.

Result? You’re someone else’s exit liquidity. Always wait for confirmation or a retest.

šŸ”» 2. No Risk Management

> "I'll just go 100% in, it looks good."

Without a stop-loss or position sizing, you're gambling—not trading.

šŸ”» 3. Overtrading

> More trades ≠ more profit.

Every trade costs mental capital, not just fees. Quality > quantity.

šŸ”» 4. Ignoring the Trend

> Fighting the trend is like swimming upstream.

You might win occasionally, but odds are stacked against you.

šŸ”» 5. Blindly Following Influencers

> ā€œThis coin is the next 100x!ā€

If someone’s shouting targets without a clear plan or invalidation level—they’re probably selling into your buy.

šŸ”» 6. Emotional Decisions

> Fear, greed, revenge trades…

Reacting instead of executing a plan? That’s how accounts bleed.

šŸ”» 7. Not Taking Profit

> ā€œIt’s going to the moon, right?ā€

No exit strategy = missed gains. Paper profits aren’t real.

āœ… Bonus Advice:

Have a plan for entry, exit, and invalidation before you click buy. If you’re guessing—stop and reassess.

šŸ“Š Crypto trading is a skill. Mistakes are part of the process—but only if you learn from them.