For those who are just starting to trade, the following may be the most frightening things:
1. Loss of capital: Worry about losing invested funds, especially when you don’t understand the market and trading rules.
2. Lack of knowledge and experience: Insufficient understanding of trading principles, strategies, risk control, etc. leads to blind operations and wrong decisions.
3. Market fluctuations: It is difficult to adapt to the sharp fluctuations in the market, and it is easy to feel panic and anxiety when prices fluctuate.
4. Misjudging trends: Failure to accurately judge the direction of the market leads to wrong timing of buying or selling.
5. Emotional influence: Emotions such as greed and fear influence trading decisions rather than rational analysis.
6. Misleading information: Being distracted by false or inaccurate information and making wrong trading choices.
7. Policy risk: Lack of familiarity with relevant policies and regulations may result in transactions being affected by unexpected policies.
8. Trading platform risk: Worrying about security issues or irregular operations on the selected trading platform.
In short, novice traders often lack knowledge, experience, mentality and risk control, which leads to various concerns and fears. #BTC☀ #dogs现货 #BNB金鏟子