Even in a bull market where most tokens are rising, many traders still lose money. Here's why:
1. Chasing Pumps: Buying after a token has already pumped leads to losses during corrections.
2. No Strategy: Failing to set stop-loss or take-profit levels results in missed opportunities.
3. Overtrading: Jumping into too many trades without proper analysis increases risk.
4. Leverage Misuse: High leverage amplifies losses during market dips.
5. Emotional Trading: Fear and greed often lead to impulsive decisions.
6. Ignoring Fundamentals: Investing in speculative tokens without research is risky.
7. Market Manipulation: Whales and market makers trap retail traders with pump-and-dump schemes.
8. Misjudging Market Cycles: Holding too long during the peak leads to losses.
TIP:
Always Follow a strategy ☠️
