The reasons most people lose money boil down to the following points:
1. Trying to rely on one coin to turn their fortunes around and placing heavy bets
2. Not doing research, just waiting for others to feed them, and buying in too late after the feeding, ultimately resulting in losses
3. Being overly faithful to a coin, not selling to recover costs, and ending up with nothing
4. Selling and then buying back in when the price goes up, resulting in losses
5. Lacking a clear buying and selling plan, or not strictly following one
90% of people playing with low-quality coins fall into the above mistakes and lose money, have you been hit?
Must admit:
1. I cannot capture most opportunities
2. I can make a lot of money by seizing a few big opportunities
3. If I try to seize every opportunity, I will definitely lose money
4. My energy is limited, and I cannot catch all opportunities
5. If I haven’t researched this opportunity, I have no reason to make money from it