The fundamental reason why ordinary people lose money in cryptocurrency trading:
The reason why 90% of ordinary leeks lose money is: small positions when the price rises, and large positions when the price falls sharply.
The reason for this is the problem of trading habits.
When buying a rising coin, most people do not have a large position, and then they cannot resist the temptation because of the continuous rise, and continue to increase their positions, and finally make up for the moment of the callback, so the small position makes money, and the large position loses from head to toe. Of course, there are times when the compensation is right, but cryptocurrency trading is a long-term thing, and this trading habit will sooner or later lead to a big loss.
So to avoid the habit, you must develop the habit of selling high and buying low, not the other way around.
First: build a fixed position, don't open a position at will.
Second: build a good position, only reduce the position, and no longer increase the position.
Third: Don't open a position at will, especially when the situation is unclear.
Suggestions for ordinary leeks, "experts" pass by.
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