Three bad habits of speculating in the cryptocurrency circle, do you have any?
First: When you see the intraday rise, you get excited, it starts, and it will rise sharply. You are afraid of missing out, so you chase it all at once, without observing the position of the coin, the shape, the fundamentals, whether the volume is sustained, and you stand guard as soon as you buy.
Second: It is just the opposite of the above. When the intraday coin price drops sharply, you sell it immediately, without considering the intraday acceptance and volume, and you cut your losses immediately. Once you cut your losses, you cut the floor. The biggest problem with the above two points is that the mentality is unstable and you are swayed by emotions. Investment is a business that pays attention to probability. It requires a certain rationality. Emotional thinking will not make good investments.
Third: Can't hold it when it rises, and hold it when it falls? Many people lose 5 points on a coin, and they are indifferent. They lose 10 points and wait for a rebound, or they keep covering their positions in the downward trend. Covering their positions is a wrong transaction in itself. There is also a kind of coin that has been trapped for a long time, and suddenly one day it is untied, a large volume stretch, and a small drop the next day, and they immediately run away. As a result, the price rises to the sky, and they sell it at a loss. This is a common problem for most people!
