‼️🚨What should you NOT do now that Bitcoin has hit a new all-time high?
Here are 5 common mistakes to avoid at this stage of the market cycle:
1. 🚫 FOMO Buying Without a Plan
Jumping in blindly at ATHs out of hype can lead to poor entries. If you're buying, have a strategy and know your risk.
2. ❌ Overleveraging
Leverage amplifies gains and losses. At ATHs, volatility spikes — using high leverage can wipe you out in seconds.
3. ⚠️ Ignoring Take-Profit Levels
Greed kills gains. Don’t forget to lock in profits on the way up. ATHs can be followed by sharp corrections.
4. 😬 Listening to the Wrong Crowd
“TikTok analysts” and hype tweets aren’t trading signals. Rely on solid research, not just viral sentiment.
5. 🔒 Neglecting Security
Rising prices attract hackers. Don’t leave large holdings on exchanges — use cold storage and update your security practices.