What are the reasons for losing money in the cryptocurrency circle? I have summarized a few points

1. Herd mentality: I bought a coin, and when I saw which coin others issued made money and how much profit they made, I closed my position and bought others'. This mentality is typical of herd mentality, lack of confidence, and blindly following the trend

2. No planning for your own funds: Everything is a one-shot deal. You can succeed a hundred times, but you will lose everything if you fail once

3. No stop loss in trading: No stop loss is set in trading, and you carry the order. There is a saying that goes, "If the direction is wrong, the effort will be in vain." No one will have 100% success. Have a good attitude

4. Greedy: Failure to stop profit in time, always thinking about making more money, the best case is to protect the principal, the worst case is to be trapped, the more trapped, the tighter

The most important thing in the currency circle is to have your own trading system, how much I earn, how much I lose, set the goal, and firmly execute it according to the set goal, instead of being half-hearted

#Meme板块普涨 #以太坊ETF批准预期 #币安合约锦标赛 #VanEck提交首个SolanaETF If you are always chasing ups and downs and can't find the direction, follow Afeng's pace to take you through the wind and waves