#TradingMistakes101 Trading Mistakes 101 â Learn Before You Burn đ„
Crypto trading can be rewarding, but even smart traders make avoidable mistakes. Here are the most common ones â and how to dodge them:
đ» 1. Chasing Pumps
FOMO is real. Jumping into a coin after it spikes often leads to losses.
â Wait for pullbacks. Have a strategy.
đ» 2. No Stop-Loss
Holding blindly in hope can wreck your portfolio.
â Always set stop-loss levels to manage risk.
đ» 3. Overtrading
Too many trades = more fees and more mistakes.
â Be patient. Quality over quantity.
đ» 4. Ignoring Fundamentals
Donât buy just because of hype.
â Check the projectâs use case, team, tokenomics.
đ» 5. All-In Mentality
Going all-in on one coin is dangerous.
â Diversify your positions. Never risk more than you can afford to lose.
đ» 6. Emotional Trading
Greed and fear are your worst enemies.
â Stick to your plan. Donât let emotions drive decisions.
---
Mistakes are lessons â but smarter traders learn from others.