#TradingStrategyMistakes Common Crypto Pitfalls to Avoid

Crypto trading offers high rewards but is riddled with common, costly strategy errors. Avoid these critical mistakes:

1. Emotional Trading (FOMO/FUD):** Buying during euphoric pumps (Fear Of Missing Out) or panic-selling deep dips (Fear, Uncertainty, Doubt) guarantees buying high and selling low. Stick to your plan.

2. **Ignoring Risk Management:** Never risk capital you can't afford to lose. Failing to use stop-losses or position sizing appropriately turns small losses into catastrophic ones. Protect your capital above all.

3. **Chasing Hype & "Shiny Objects":** Blindly following influencers or buying obscure coins based solely on social media frenzy often leads to buying tops before inevitable dumps. Conduct your own research (DYOR).

4. **Overlooking Macro & Fundamentals:** Ignoring Bitcoin dominance, overall market sentiment, regulatory news, or a project's actual technology/use-case leaves you vulnerable to sudden shifts. Context is key.

5. **Overtrading:** Constantly jumping in and out of positions due to impatience or boredom racks up fees and increases exposure to volatility without necessarily improving returns. Sometimes, patience wins.