Hey, this is a great post. Ive been on crypto for 7 years and I totally agree with you

For my first 2 years, I kept losing money. 💸 Why? Because I was making the same mistakes 90% of traders make. ❌

Here’s what I wish I knew earlier – read carefully and save yourself YEARS of struggle! 👇🔥

1️⃣ Mastering Indicators 📊

I used to clutter my charts with 10+ indicators. Big mistake! 😵‍💫

All you really need are 3 simple ones:

✅ RSI – Spot trend reversals before they happen.

✅ MACD – Confirm momentum shifts & trend direction.

✅ Moving Averages (50 & 200 EMA) – Identify strong trends & key levels.

Simplicity wins! Less confusion, better decisions. 🎯

2️⃣ Understanding Market States 📉📈

Crypto has 3 main market conditions:

🔹 Bull Market – Prices keep going up. Easy to make money. 🚀

🔹 Bear Market – Prices drop hard. Most traders lose big. ❌

🔹 Chop (Sideways Market) – The worst! Fakeouts & losses everywhere. ⚠️

Key Lesson? Trade with the trend! If the market is bullish, buy dips. If it’s bearish, wait or short smartly.

3️⃣ Risk & Position Sizing 💰

This was my biggest mistake! I used to go all-in on trades… and get wrecked. 🤦‍♂️

Now I follow strict risk management:

✅ Never risk more than 1-2% of your capital per trade.

✅ Stop losses are your best friend.

✅ Risk-to-reward ratio of 1:3 (Risk $100 to make $300).

Survival = Success. Stay in the game long enough to win. 🎯

4️⃣ Controlling Emotions & Avoiding FOMO 🧠

90% of my bad trades happened when I let emotions take over.

🚨 FOMO Kills: If you feel rushed to buy, you’re already too late.

🚨 Revenge Trading: Don’t chase losses. Take a break, come back strong.

🚨 Greed & Fear: If a trade is going well, take profits instead of hoping for more!

Crypto isn’t a sprint, it’s a marathon. Stay calm, stay smart. 💎

Final Words: What Changed Everything for Me 💡

✅ I stopped gambling & started trading with a plan.

✅ I learned patience & disciplined execution.

✅ I stopped chasing pumps & waited for smart entries.

✅ I focused on risk, not just profits.

Now, I win more than I lose. And THAT is the key to success! 🔥

💬 Which mistake have you made the most? Drop a comment! 👇