📌 After learning about DCA vs Scalping, it's also important to know what to avoid when starting to trade crypto. Here are 5 common mistakes often made by beginners:
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❌ 1. FOMO (Fear of Missing Out)
➡️ Buy because you see others profiting, not because of your own analysis.
📉 Finally buying at the peak, selling below because of panic.
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❌ 2. Not Using Stop Loss
➡️ Feeling 100% confident and forgetting the risks.
🧨 Price drops, capital lost, can't sleep.
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❌ 3. Overtrade
➡️ Just a little profit, immediately re-enter without a strategy.
🎢 Emotions go up and down, the account is gone first.
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❌ 4. No Exit Plan
➡️ Buying is easy, but when to sell?
💣 Finally confused: 'Wait for it to rise again' or 'Afraid of losing more?'
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❌ 5. Trusting Influencers 100%
➡️ Hear 'this coin will 100x!', immediately buy without DYOR (Do Your Own Research).
🙈 Remember: their content can be paid promotions!
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📌 Tips
Always have a plan before buying crypto. Don't just follow others, but learn 📚
💬 Have you experienced any of these 5? Share in the comments!
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