#TradingMistakes101
Trading Mistakes 101: What to Avoid in Crypto
Crypto trading can be rewarding—but also risky. Avoid these common mistakes:
❌ FOMO (Fear of Missing Out)
Buying when prices surge due to hype often leads to losses when the market corrects.
📉 Lack of a Strategy
Trading without a plan (entry, exit, stop-loss) is like gambling. Always define your goals and limits.
📊 Overtrading
Too many trades = higher fees and emotional burnout. Quality > quantity.
🔍 Ignoring Risk Management
Never risk more than you can afford to lose. Use stop-losses and size your trades wisely.
📰 Trading on Rumors
Reacting to hype or unverified news can backfire. Always verify information.
📚 Not Learning from Mistakes
Track your trades. Review what worked and what didn’t.
Discipline and patience are your biggest trading assets.