Top 5 Mistakes New Cryptocurrency Traders Make ⛔️🚨

If you are a beginner in the world of trading, beware of these mistakes that may cost you huge losses in your portfolio

1. Lack of a trading plan 📊

Entering the market randomly without a clear plan increases risks.

2. Fear of missing out (FOMO) 📈

Don't buy a currency just because everyone is talking about it; research first and draw up a plan to avoid loss

3. Ignoring risk management 📝

Don't forget to set a stop loss and don't risk all your capital in one deal.

4. Panic selling: 😬

Price fluctuations are normal; Don't let emotions affect your decisions, and set your goals

5. Use leverage:⛔️

Many new traders use leverage to double profits, and ignore the great risks of using it without speaking of course that it is forbidden, God forbid

Have you ever made one of these mistakes? Share with us in the comments so that we can learn from each other😊✍️