The Big Mistakes in Cryptocurrency Trading
1: Impatience: Once an investment does not yield immediate returns, it is easy to become anxious and lose patience.
2: Edge of Collapse: In the face of short-term losses, some people may feel despair and even consider giving up.
3: Anxiety of Missing Out: Seeing others make money while missing opportunities can inevitably lead to feelings of disappointment and anxiety.
4: Comparison Mentality: Constantly comparing oneself to others, feeling extreme discomfort when seeing others make large profits while not making any oneself.
5: Break-even Mentality: Eager to recover losses, one may adopt risky strategies, which may lead to contrary results.
6: Overconfidence: After making a profit, being overly confident and taking random actions may lead to ignoring risks.
7: Emotional Loss of Control: When prices continue to rise after selling, it is easy to lose control of emotions and blame oneself or others.
8: Lack of Confidence: After incurring losses, one may doubt their investment strategy and hesitate to take action again.