đšStop Losing Money in Crypto heres What You're Doing Wrongđ°đ°đ€Šââïž
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If youâve been losing money in crypto, itâs time for a reality check. The crypto market isnât rigged against you but your habits might be. Hereâs a breakdown of what you might be doing wrong, and how to fix it before you lose more.
1. You're Buying Because of Hype, Not Research
You hear a coin is "going to the moon," so you jump in only to watch it crash a week later. Sound familiar?
What you're doing wrong: Following influencers, Twitter trends, and Reddit threads instead of understanding the project.
Fixâšïž: Learn the basics what the coin does, whoâs behind it, how it makes money (if at all), and whether it solves a real problem.
2. You're Investing Emotionally
You panic sell during dips, or FOMO in during pumps. Youâre letting emotions control your trades.
What you're doing wrong: Trading without a plan, reacting emotionally instead of strategically.
Fixâšïž: Set clear rules for when to enter, exit, or hold. Use stop losses and stick to a risk management strategy , no exceptions.
3. You're Going All In or Overleveraging
Thinking youâll double your money overnight, you throw everything into one coin or use leverage to amplify gains and losses.
What you're doing wrong: Betting the farm instead of managing risk.
Fixâšïž: Never invest more than you can afford to lose. Diversify. If youâre using leverage without fully understanding it, stop immediately.
4. You're Not Learning From Mistakes
You keep making the same trading errors, chasing losses, or falling into scams.
What you're doing wrong: Not tracking your trades, not reviewing your decisions, and not learning.
Fixâšïž: Keep a trading journal. Write down why you bought, sold, or held. Analyze your wins and losses. The best traders learn fast and adapt.
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