- Panic Buy/Panic sell.
In both cases, you will lose your money - Ignore Capital management.
If you ignore Capital management you will be gambler not trader
- Following a signal Without risk assessment or stop loss.
You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
by this way you can set Your Own risk and know what you do.
The only reason why people make these mistakes is due to either low amount of knowledge about the entire factors influencing price fluctuations of most coins on the crypto market or lack of understanding regarding the basic risks associated with crypto investment. Once there is lack of understanding, doubt sets in and they either panic sell or buy...