5 Crypto Trading Mistakes That Cost Me $30,000 (And How Bots Fixed Everything)

πŸ’Έ How I Lost $30,000 in 6 Months (The Painful Truth) Warning: This post contains my most embarrassing trading failures. But if you’re losing money trading crypto manually, these lessons could save you thousands. I started crypto trading in 2023 with $50,000. Six months later, I had $20,000 left. Here are the 5 expensive mistakes I made (and how I finally fixed them). 🚨 Mistake #1: Emotional FOMO Trading (-$8,500) What Happened: Saw BTC pumping 15% in one day Panic-bought at the top ($43,200) BTC crashed to $37,000 the next week Panic-sold at the bottom (-19.6% loss) Lost $8,500 in 2 weeks The Psychological Trap: See Green Candle β†’ Brain: "I'm Missing Out!" β†’ Buy High β†’ Price Drops β†’ Brain: "Get Out Now!" β†’ Sell Low β†’ Repeat How Bots Fixed This: Grid Trading Bot removes emotions completely: ...

January 20, 2025 Β· 7 min Β· 1373 words Β· Crypto Trading Experts