Novices speculating in cryptocurrencies:

When they first enter the cryptocurrencies circle, they are always very excited and open the exchange from time to time to check the market.

After buying a coin, if the price does not rise within a few minutes, they start to get anxious and wonder if they have bought the wrong coin. So they rush to sell it and turn around to buy other coins. After tossing back and forth like this, they finally find that all the money has been spent on handling fees, and there is not much principal left.

Experts speculating in cryptocurrencies:

Experts speculating in cryptocurrencies are different. After they choose a coin, they will invest regularly and will not check the market so frequently. After buying the coin, they basically do not operate it. Regardless of whether the price goes up or down, they will remain calm and not sell it easily. In this way, long-term holding can make more money.