Trading summary for 6 years After more than 6 years in the financial markets, especially the crypto market, from big highs to harsh crashes, I realized that your biggest advantage is not in finding the next rising coin... but in avoiding these six silent killers that wipe out 90% of traders. The 6 most important mistakes every cryptocurrency trader should avoid: 1. Lack of a trading plan Trading without a plan is like sailing without a compass. You might get lucky once, but you'll lose in the long run. → Always enter with a clear plan that includes entry point, target, and stop loss. 2. Excessive use of leverage Leverage is attractive, but it's the quickest way to blow up your account. → Be disciplined. Trade in small amounts and achieve steady growth. 3. Not setting goals Hope is not a strategy. Without profit-taking levels and stop-losses, you are a gambler, not a trader. → Always secure profits before the market takes them back. 4. Bad Guidance The wrong guide can hinder your progress for years. → Learn from experienced individuals who rely on data, not from noise promoters. 5. Emotions and Greed Fear, greed, and revenge-driven trading are all factors that lead to account losses. → Control your emotions or the market will control your portfolio. 6. FOMO (fear of missing out) Just because the currency is rising doesn't mean you should get into it. → Sit aside. Watch. The best traders wait for their right setups. The final lesson: The markets will test your patience, discipline, and dignity. But if you master these things, you will not only survive but thrive. Trading is not just about making money. It's about keeping it. Share this post with new traders. Be the reason someone avoids an insolvent account. $USDC #StrategyBTCPurchase $BTC $ETH $XRP
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After more than 6 years in the financial markets, especially the crypto market, from big highs to harsh crashes, I realized that your biggest advantage is not in finding the next rising coin... but in avoiding these six silent killers that wipe out 90% of traders.
The 6 most important mistakes every cryptocurrency trader should avoid:
1. Lack of a trading plan
Trading without a plan is like sailing without a compass. You might get lucky once, but you'll lose in the long run.
→ Always enter with a clear plan that includes entry point, target, and stop loss.
2. Excessive use of leverage
Leverage is attractive, but it's the quickest way to blow up your account.
→ Be disciplined. Trade in small amounts and achieve steady growth.
3. Not setting goals
Hope is not a strategy. Without profit-taking levels and stop-losses, you are a gambler, not a trader.
→ Always secure profits before the market takes them back.
4. Bad Guidance
The wrong guide can hinder your progress for years.
→ Learn from experienced individuals who rely on data, not from noise promoters.
5. Emotions and Greed
Fear, greed, and revenge-driven trading are all factors that lead to account losses.
→ Control your emotions or the market will control your portfolio.
6. FOMO (fear of missing out)
Just because the currency is rising doesn't mean you should get into it.
→ Sit aside. Watch. The best traders wait for their right setups.
The final lesson:
The markets will test your patience, discipline, and dignity. But if you master these things, you will not only survive but thrive.
Trading is not just about making money. It's about keeping it.
Share this post with new traders.
Be the reason someone avoids an insolvent account. $USDC
#StrategyBTCPurchase $BTC $ETH $XRP