Here are some common mistakes to avoid when trading cryptocurrency:
Lack of research: Don't base decisions on speculation or gut feeling. Instead, learn about market dynamics and use analytical tools. 
Overtrading: Trading too much or with too much capital can lead to significant losses. 
Ignoring risk management: Don't neglect to implement risk management measures like stop-loss orders or portfolio diversification. 
Short-term thinking: Don't pursue short-term gains without a well-defined strategy. 
Overlooking fees: Be aware of all the fees associated with buying crypto, such as blockchain fees and exchange fees. 
Falling for scams: Be wary of fraudulent digital asset and “Crypto” trading websites. If you think you've been scammed, report it to the SEC or CFTC. 
Neglecting security measures: Don't keep your crypto in online wallets or forget your crypto passwords. 
Using leverage: Avoid using leverage. 
Having an overcomplicated trading strategy: Don't make your trading strategy too complicated.