In a bull market, trading cryptocurrencies, avoid these mistakes, let go of stubbornness, and step onto the path of guaranteed profit:
- When there is no buying point, blindly chase high-quality coins out of fear of missing opportunities.
- Value investing only looks at price fluctuations, ignoring the momentum and valuation of the larger cycle.
- After being trapped, allow emotions to take control, only listening to bullish sentiments and ignoring bearish ones.
- Misjudging the market and unwilling to cut losses leads to short-term positions becoming long-term traps.
- Once hurt by a certain coin, miss subsequent opportunities.
- After selling a coin short-term, even if the cost increases slightly, do not recover losses.
- Buy coins indiscriminately every day until the account is empty.
- Completely lacking patience, frequently trading in the short term.
- Persisting in a losing strategy without making changes.
- Impulsively doubling down after consecutive losses.
- Missing the take-profit opportunity because profits did not meet psychological expectations.
- Holding a small position without understanding stop-loss, leading to heavy losses.
- Becoming obsessed with a single lucky success.
- Falling into deep regret after trading deviations.
Trading cryptocurrencies should be flexible; stop losses and adjustments for mistakes, and make timely decisions for correct judgments. If you are in the market and need guidance, seek worry-free companionship to protect your trading without concerns.