#BTC #USUAL #BNB 10 mistakes that could cost you money: simple truths about a falling market
The market is shaking again. Bitcoin is crashing, altcoins are sinking, and exchanges are recording million-dollar liquidations. And then the question arises: “Who are these people losing millions? Are they really that foolish?”
If you have a million dollars, you could live on an island, enjoying cocktails under a palm tree. But that money goes to the exchange. Why? Because even the most experienced players make mistakes that could have been avoided.
Today we will discuss 10 simple reasons that could cost you money. And most importantly — we will show you how to avoid them. 💡
Mistake 1: Panic selling
The market is falling, and hands reach for the “sell” button. It seems like the only way to save capital. But the truth is that selling at the very bottom is locking in losses.
How to avoid: Set a clear plan for yourself: where to lock in losses, and where to wait for a reversal.
Mistake 2: Ignoring diversification
“I poured everything into this token, it’s definitely going to take off!” — a familiar story. When one coin drops, you lose everything.
How to avoid: Split your portfolio among several assets: bitcoin, altcoins, stablecoins, and even a little fiat.