When I started trading BTC, I thought more trades = more chances to win.
Reality was the opposite.
After a few early wins, I started taking almost every setup that “looked good.”
Ended up overtrading, cutting winners early, letting losers run, classic mess.
Looking back, it wasn’t really about entries.
It was having no structure around risk and decisions during the trade.
Once I slowed down and became more selective, things started making more sense.
Curious—what was the biggest mistake you had to fix in your trading?
Overtrading was my biggest mistake in BTC
byu/Slow_Bookkeeper6633 inCryptoMarkets
Posted by Slow_Bookkeeper6633
2 Comments
Treating every dip as a decision point. The urge to do something when price moves is what bleeds most accounts slowly. The wins feel like skill, the losses feel like bad luck and neither conclusion is accurate.
What fixed it was removing the optionality. Core BTC sits in nexo earning me interest, trading account is a separate pool with its own rules. Once the core stack isn’t sitting there tempting you every time volatility spikes, the overtrading impulse mostly disappears.
I wasted so much on fees overtrading on Binance before I finally learned to sit on my hands. been using bydfi lately since they’ve been around 6 years and have a $1M prize pool for their anniversary this month.