❌ 5 Common Mistakes of Beginner Traders in Crypto

1️⃣ Entering due to FOMO

• Buying just because "everyone is talking about that coin" usually ends badly.

2️⃣ Not using Stop-Loss

• The market is unpredictable, a stop protects you from large losses.

3️⃣ Trading with excessive leverage

• Using 20x or 50x can liquidate you in seconds.

4️⃣ Not having a plan

• Buying/selling without a strategy is like navigating without a compass.

5️⃣ Letting emotions take over

• Fear and greed are the worst advisors in trading.

💡 Extra tip: Before opening a trade, always define:

✔️ Entry

✔️ Stop-Loss

✔️ Take-Profit

👉 Do you want to learn how to avoid these mistakes and improve your trading step by step?

✅ Follow me here on Binance Square and don't miss my upcoming daily tips.#REVABinanceTGE