#Write2Earn #CryptoTips #BinanceSquare
❌ Even experienced traders were once beginners and made mistakes. Here are 5 common mistakes that beginners make — and what to do to avoid losses.
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1. Ignoring risk management
🔻 Most people lose their deposits because they don't set stop-losses and trade with their entire balance.
✅ Always limit your risk per trade — no more than 2–5% of your capital.
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2. Hype without analysis
📉 Buying 'pumping' coins just because 'everyone is buying' — is a quick way to losses.
✅ Study the project, tokenomics, and volumes before entering.
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3. Lack of strategy
🤯 Trading on emotions is the trader's main enemy.
✅ Define your strategy in advance: scalping, swing, hold — and stick to it.
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4. Neglecting education
📚 Reading chats is not learning.
✅ Learn the basics: RSI, levels, candlestick patterns. This will give you confidence and understanding.
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5. Impatience
💥 Want X100 overnight? That's what everyone thinks when they lose money.
✅ Successful trading is about discipline and time.
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#Write2Earn #CryptoTips #BinanceSquare