Do one thing for ten years and do only one thing for ten years. Looking back, I have been in the cryptocurrency financial market for ten years. Ten years of hard work will make the dedicated ones stand out and the distracted ones will be eliminated.

Below, Xu Bin summarizes the characteristics of frequent losses in the cryptocurrency circle. See how many of them you have?

(1) Frequent trading not only increases transaction costs, but also easily affects your mentality due to market fluctuations.

(2) Those who chase after rising positions: lack a clear investment strategy, which easily leads to buying high and selling low.

(3) Those who are trapped and do not stop losses: Failure to stop losses in time may cause greater losses.

(4) Those who blindly and frequently add to their positions at the beginning of a downward trend: The risk of adding to positions when the trend is unclear is greater.

(5) Those who hold coins for a short time: The price fluctuates greatly in the short term, and it is easy to miss the opportunity for long-term growth.

(6) Those who chase after rising prices and cut them when they fall: They follow the trend without a clear plan and are easily influenced by market sentiment.

(7) Those who frequently change coins: Frequently changing coins will increase transaction costs and make it difficult to accumulate experience in in-depth research.

(8) Those who hold a large number of currencies: Although diversified investment can reduce risks, too many currencies are more difficult to manage and it is difficult to concentrate on in-depth research.

(9) Those who listen to news everywhere: Blindly listening to news can easily lead to misleading and lack independent judgment.

(10) Those who are stubborn and self-satisfied: They are unwilling to learn and accept new knowledge and are prone to fall into their own thinking errors.

(11) Those who lack courage: They lack decisiveness at critical moments and find it difficult to seize opportunities.

(12) Those who dare not buy at the bottom and are unwilling to sell at the top: They lack judgment and execution of the market.

(13) Those who do not stick to the original model after repeated failures: Frequent changes in strategy lead to a lack of systematization.

(14) Those who are content with small gains: They are satisfied with short-term gains and ignore long-term potential. #非农就业数据即将公布 #HMSTR开盘 #币安上线CATI #鲍威尔谈话后市场调整降息预期 #上市公司增持BTC $BTC $ETH