"🧐 Overlooked Factors Before Trading Cryptocurrency!
1. **Hidden Fees:** Watch out for hidden fees on exchanges, affecting your profits.
2. **Liquidity:** Ensure the asset is liquid; low liquidity can make trading challenging.
3. **Scams:** Be cautious of 'pump and dump' schemes or misleading ICOs promising quick gains.
4. **Market Sentiment:** Gauge market sentiment; it impacts prices but is often overlooked.
5. **Regulatory Changes:** Stay updated on regulations; they can impact market dynamics.
6. **Security Measures:** Assess the platform's security protocols to safeguard your investments.
7. **Emotional Control:** Manage emotions; impulsive decisions can lead to losses.
Trade wisely! 🚀💸 #trading #cryptocurrency ,#Binance #ftx