Here are๐ค
โ 5 Mistakes New Traders Always Make
1. FOMO Buying (Fear of Missing Out)
Jumping into a rapidly pumping coin without analysisโusually buying the top.๐ญ
2. Panic Selling on Dips
Seeing a small dip and selling instantly due to fear, missing the recovery.๐ญ
3. Overleveraged Trading
Using high leverage (10xโ50x), leading to quick liquidation and big losses.๐ญ
4. Following Random Social Media Hype
Trusting influencers, hype posts, or pump groups without verifying information.๐ญ
5. Not Using Stop-Loss
Trading without risk management, causing huge losses when the market reverses.๐ญ
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