1. Gambler-type leeks: they are not happy unless they gamble.
This type of leeks like high leverage the most, as if every transaction is like pulling a slot machine in Las Vegas. The phrase they say most often is: "This time it's stable!" However, once the market reverses, their positions quickly disappear into thin air. This type of investor usually blows up their positions overnight, and their account balances are already zero before they can even react. They may not even know what a candlestick chart is, but they are full of confidence when making orders. A reminder: The cryptocurrency circle does not follow martial ethics, and your opponent may be a high-frequency trading robot, not a casino dealer.
2. Timid small investors: run away after making a little profit
Timid investors prefer to stop at a small profit. When they see a 10% profit on the books, their first reaction is to run away quickly, fearing that the profit will turn into a loss if they are late. Their trading strategy is very simple - run away quickly when they make a profit, and hold on when they lose. Therefore, they often fall into the cycle of "making small money and losing big money". For this type of investors, "hold on, hold on" seems like an alien language, which they can understand but cannot do.
3. Stubborn investors: They won’t sell even if they lose money
The logic of the die-hard investors is very simple: as long as I don't sell, I won't lose money! The market has fallen 50% from its peak, but they still firmly believe that "it will always go back up." These investors are usually full of faith, but lack realistic judgment of the market. They will wait until their capital is exhausted, and finally they can only cry alone holding the sign of "value investment".
4. “Insider” type: believe everything they hear
"Dude, a certain big V said this coin will increase tenfold!" This type of leeks are very susceptible to all kinds of so-called "inside information", thinking that as long as they listen to the information, they can make a steady profit. But in fact, many insider information is just a gimmick of marketing accounts. When the leeks chase high prices, the dealers have already quietly sold them. Leeks who listen to the information are often professional buyers who chase high prices. When they buy, the price drops, and when they sell, the price rises.
5. FOMO type: afraid of missing out on a wave of sudden wealth
FOMO (Fear of Missing Out) investors are always worried about missing out on every wave of gains. They rush in impatiently when they see any market gains, even if the market has already increased several times, they will desperately chase higher prices. As a result, once they enter the market, the market begins to adjust, and investors can only watch their accounts shrink. Classic quote: "I'll buy if it goes up another 5%!"
6. Superstitious indicator-believing leeks: Magic indicators are invincible
This type of leeks particularly believe in various technical indicators, "MACD golden cross" and "RSI oversold" are all in their operating manuals. The problem is that they are often too superstitious about these indicators and ignore the overall environment and fundamentals of the market. Once the market suddenly turns, these indicators become "duds on the battlefield" and lead them into the abyss.
7. Fixed investment type leeks: everything is to spread the cost
This type of investors are more conservative and like to make regular investments. Their logic is: "It doesn't matter if it falls, I will just buy some more and spread the cost." The problem is that once some assets start to fall, they will snowball and get bigger until all their principal is swallowed up.
Summary: All leeks are different, but they all end up in the hands of the dealer.
In cryptocurrency trading, the market is always full of uncertainty, and many novice investors are prone to making the above mistakes. However, investment is a job that requires long-term learning and practice. To avoid becoming a "leek", the most important thing is to learn basic technical analysis, risk control, and overcome your emotional reactions when facing fluctuations.
The most important thing about investing: a sound strategy is more long-lasting and reliable than a one-time bet!