$BNB $BTC $THE #MarketBuyOrHold?
Even in a bull market where most coins are rising, many traders still lose money. Here’s why:
1. Chasing the Rallies: Buying after the tokens have already risen leads to losses during corrections.
2. No Strategy: Failure to set stop loss or take profit levels leads to missed opportunities.
3. Overtrading: Jumping into too many trades without proper analysis increases the risk.
4. Misuse of leverage: High leverage magnifies losses during market declines.
5. Emotional Trading: Fear and greed often lead to rash decisions.
6. Ignoring the fundamentals: Investing in speculative tokens without research is risky.
7. Market Manipulation: Whales and market makers trap retail traders with up and down schemes.
8. Misjudging market cycles: Holding for too long during peaks leads to losses.
advice:
Always follow a strategy ☠️
