1. Following the trend and chasing high prices, becoming a buyer
Many people see a certain coin start to soar, thinking "If you don't buy it now, it will fly to the sky", and they buy it impulsively at a high price. The result is often that as soon as they buy it, the market immediately turns around and falls. This is a typical "chasing up and killing down +", this kind of situation is that they are "cut" by the people in front, they sell at a high price, and the buyer becomes a leek.
2. Blindly listen to the analysis of "big guys" and become a leek
There are often "big guys" in the currency circle who come out to "call orders", such as a certain coin will rise 10 times, and some even directly give the opportunity to buy. Many people listened to these so-called "insider information", thinking "this time must be an opportunity", and the result is often to buy in, and then the big guys quietly withdraw. The fact is that these so-called "analysis" is sometimes to pull the market for themselves or the team, and the real purpose is to let retail investors take over.
3. Unable to resist fluctuations, mentality collapsed
The currency circle fluctuates greatly, and the price rises and falls. Many novices are rational, but when they see the market fluctuations, they can't help but sell or increase their positions. In the end, they find that their operations are completely the opposite indicators of chasing ups and downs. After a round, not only did they not make money, but they became "cut" P"
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