Many people incur losses because they have small positions when the price of the coin rises and large positions when it falls, which stems from poor trading habits.

When buying coins that are rising, the initial position is small, and as the price goes up, they keep increasing their position. When the price retraces, it becomes their maximum position, leading to the initial profits possibly being lost during the retracement.

Although they may occasionally manage to average down correctly, over the long term, this trading habit can result in significant losses. To avoid this situation, we should develop the habit of 'selling high and buying low' to prevent chasing prices and panic selling.