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Risk Awareness Score
Check all 7 items to reach 100%
01
Using Leverage Right Away
Leverage magnifies both gains and losses. A 10% price move against you can wipe out your entire position.
Example: Using 10x leverage, a 10% drop liquidates you. In crypto, 10% drops happen in hours.
02
Going All-In on Small-Cap Coins
Small-cap altcoins can lose 90%+ of value overnight. "All in" means no recovery possible.
Example: A coin pumps 500% on social media, you buy at the top, it dumps 95% the next week.
03
Chasing Meme Coins
Meme coins have no fundamentals. Their price is purely speculative and driven by social hype.
Example: Buying a coin because a celebrity tweeted about it, only for the price to crash when they sell.
04
Ignoring Trading Fees
Fees eat into profits, especially with frequent trading. Some exchanges charge 0.5% per trade.
Example: Making 20 trades with 0.5% fee each = 10% of your capital gone to fees alone.
05
Not Setting Stop Losses
Without a stop loss, a single bad trade can destroy a significant portion of your portfolio.
Example: You buy at $100, it drops to $20. Without a stop loss, you hold the entire loss hoping it recovers.
06
Following "Signals" from Random Groups
"Pump groups" often have insiders who bought early and are selling to newcomers. You are their exit liquidity.
Example: A Telegram group says "BUY NOW" at $0.50. You buy, it pumps to $0.60, then dumps to $0.10.
07
Trading Without a Plan
Emotional trading leads to buying high (FOMO) and selling low (panic). A plan removes emotion.
Example: Bitcoin drops 20%, you panic sell. Next week it recovers 30%. You bought high and sold low.