$USUAL 1. Following the trend and becoming a bag holder

Many people see a certain coin starting to soar and think, "If I don't buy now, it will take off," so they impulsively buy at a high price. The result is often that as soon as they buy in, the market immediately turns and drops. This is a typical case of "buying high and selling low"; these situations occur because earlier investors "cut" them off, selling at high positions, and those who take over become the chives.

2. Blindly listening to the "big shots" analysis, becoming chives

In the crypto circle, there are often "big shots" who come out to "call the shots," for example, a certain coin is going to rise tenfold, and some even directly provide the buying opportunity. Many people listen to these so-called "insider messages," thinking, "This time must be the opportunity," only to end up buying in at a high price, while the big shots quietly pull out. The fact is that these so-called "analyses" are sometimes meant to pump their own or their team's positions, with the real goal being to let retail investors take the hit.

3. Unable to resist volatility, mindset collapses

The crypto market is very volatile, with prices rising and falling frequently. Many newcomers, who initially remain rational, end up unable to resist selling or adding positions as soon as they see market fluctuations. In the end, they realize their actions were completely contrary to a rational strategy. After a round, not only did they not make money, but they also became the "cut" victims.