#TradingMistakes101 #TradingMistakes101

Crypto trading can be rewarding, but common mistakes often lead to losses. One of the biggest errors is trading without a plan — jumping in without clear goals, risk limits, or strategies. This often leads to emotional decisions driven by fear or greed.

Another mistake is ignoring risk management. Never invest more than you can afford to lose, and always set stop-losses to limit potential damage.

Overtrading is also common. Constantly buying and selling due to market noise can rack up fees and increase losses. Patience is key.

Many traders fall for hype — blindly following influencers or chasing coins that are pumping. Always do your own research (DYOR) before investing.

Lastly, not learning from past mistakes holds traders back. Keep a trading journal to track decisions and outcomes.

Avoiding these pitfalls helps build discipline, protect capital, and increase long-term success in the volatile world of crypto.