🚨🚨🚨 Beware! Have you fallen into the eight pitfalls that novices often fall into when trading in cryptocurrencies? 🚨🚨🚨
Be careful of these pitfalls when trading in cryptocurrencies, and don’t let them trip you up:
Invest without understanding: rushing into the market without understanding the technology, projects, and market conditions, which is risky.
Follow the trend in trading cryptocurrencies: panic when hearing that others are making money, and buy randomly for fear of missing opportunities.
Ignore risks: invest all your money, and don’t set a stop loss, and lose everything.
Frequent transactions: always want to buy, sell, and sell, the handling fee is high and it is easy to lose money.
Listen to rumors: believe whatever is said on the Internet, and invest money without researching it yourself.
Don’t pay attention to safety: wallets are not safe, passwords are randomly placed, be careful of being stolen.
Poor emotional control: panic when the price drops, greed when the price rises, and emotions influence operations.
Only look at history: Invest only if the coin has risen well in the past, regardless of whether it will work now or in the future.
At this stage of the market, if you cut your losses, you will be a little unwilling. If you hold on, you will worry that it will continue to fall. If you buy at the bottom, you will be afraid of buying halfway up the mountain. If you don’t buy at the bottom, you will be afraid of missing the opportunity to get on the train. Most of the time, you are either annoyed or blaming yourself. This kind of life is not easy. If you are in this state now, please like and follow the avatar to join the team! I believe that our meeting can help you reduce the torture I have experienced!
