cryptoninjas

10 Common Crypto Trading Mistakes

1. Lack of Research and Education:
Before entering the market, research blockchain technology, how cryptocurrencies work, and its risks.

2. FOMO (Fear of Missing Out):
Don’t make emotional decisions and blindly follow others. 
3. Overinvesting:
Only invest money you can afford to lose.
4. Lack of portfolio diversification:
Distribute your assets across multiple cryptocurrencies and projects to reduce risk.
5. Short-termism:
Take a long-term view of the market and ignore short-term fluctuations.
6. Not using stop losses:
Stop losses limit your losses and prevent large losses.
7. Emotional trading:
Avoid fear, greed, and trading with a plan. 
 8. Lack of patience:
Give the market time to grow and don't rush.
9. Attachment to assets:
Don't blindly trust the narratives and stories behind currencies and adjust your portfolio according to market developments.

10. Neglecting physical and mental health