01. Blind and risky investment behavior

02. Deeply involved in pyramid schemes

03. Trusting the high returns of fake products

04. Waste of energy and time

05. Believe in hype

06. Lack of independent thinking

07. Ignoring new market trends

08. Improper use of tools

09. Not understanding the hierarchy of the cryptocurrency circle There are obvious hierarchical differences in the cryptocurrency circle, and resources determine your position. When the news is flying around, it is often too late to participate.

10. The wrong way to get wealth. If you want to get rich returns in the cryptocurrency circle, you must either get inside information or do things that others are unwilling to do. At the same time, you must pay attention to information from the media and related platforms.

11. Ignore historical experience. History is always similar, but we cannot copy it rigidly. We must be good at analyzing and summarizing experience.

12. Investors who enter the market blindly due to unclear positioning should clarify their own positioning as early as possible, avoid blindly following the trend, and be good at making plans in advance.

13. Measure gains and losses irrationally. Measure gains and losses in percentages and stay calm and rational.

14. Not paying attention to stop loss. Be sure to set a stop loss before investing. Don't lose the big for the small, especially in contract trading.

15. Not paying attention to recording and summarizing. It is crucial to develop the habit of recording and summarizing, review the trading process, and avoid being a novice all the time.

16. Overestimating the effect of the bull market. Don’t be blind in the bull market. See the essence of the industry clearly and don’t be fooled by the superficial prosperity.

17. Choosing the wrong incentive project Appropriate incentives can drive prices up, but you must choose the right project and team to ensure a high rate of return.

18. Blindly worship others in the cryptocurrency circle. Even smart people like some well-known institutions can make mistakes. Believe in your own judgment.

19. Wrong investment concept. There is no absolute right or wrong in investment. The key is to maximize profits and minimize losses.

20. Disperse your attention and don’t focus on one or a few areas. Do your best to become stronger. Don’t try to do everything.

21. Wrong focus on macro-economy Don’t pay too much attention to macro-economy. The focus is to monitor the flow of funds and do a good job of layout analysis.

22. Do not invest when you are in a bad trading mood or when you are in bad physical condition. Maintain a good attitude.

23. Misunderstanding of Stablecoins Stablecoins are not absolutely stable. It is necessary to allocate funds rationally, and part of them can be converted into legal currency and deposited in the bank.

24. Blindly concentrate your investment. Make sure to do sufficient research before making concentrated investments, otherwise there will be huge risks.

25. No investment system. Establish and strictly implement your own investment system to avoid emotional decision-making.

26. It is unrealistic to imagine that you can make a hundred times the money through trading with super high returns. You should actually increase your cash flow, plan and execute rationally.

27. Although it is tempting to follow the trend and speculate on new projects in the new cryptocurrency circle, one must make rational judgments and not blindly follow new things.

28. Don’t limit your learning scope to knowledge in the field of encryption. Related knowledge such as game theory is also helpful.

29. Do not choose high-quality projects. A good project must have basic and rising factors, and you should make a decision after comprehensive consideration.

30. Ignore unknown risks. There are many unknown factors in the cryptocurrency world. Be careful when choosing projects and founders. When investing in the cryptocurrency world, you must continue to learn and summarize, stay sober and rational, and only then can you succeed.