Psychological Manifestations of Gambler-Type Cryptocurrency Traders

1. Ignorance is fearless. When entering the market, they lack a basic understanding of blockchain and digital currencies, and blindly chase after rising prices after hearing that trading cryptocurrencies can be very profitable.

2. Always wanting to break even. When losing money in trading, they do not reflect on why they lost, but instead, they seek quicker ways to recover their losses, leading some to enter the contract market with high leverage positions, resulting in foreseeable consequences.

3. Reckless investment. Hearing a piece of news, they jump in without even verifying the accuracy of the information, fearing they might miss the opportunity to make big money.

4. Fear of action. When the opportunity arises, they are afraid of losing, and when the price actually rises, they regret not acting sooner and then chase the price upwards.

Trading cryptocurrencies does not require one to be restless like a gambler, both hoping for a rise and fearing losses, endlessly fidgeting. You just need to calmly operate according to the iron rules of trading and the established strategies.