Five major mental errors in the cryptocurrency circle:
1. Over-panic about market declines
Whenever the market fluctuates violently, people often fall into extreme panic, as if the end of the world is coming.
2. Blindly follow others' operations
Lack of personal judgment, blindly imitating other people's decisions, leading to missed opportunities.
3. Fantasy of getting rich overnight
Always thinking about getting rich quickly, while ignoring long-term and stable investment strategies.
4. Disdain small fluctuations
Disdain small gains, but miss the opportunity to accumulate capital.
5. Anxiety and restlessness all day long
Anxiety about market fluctuations makes it impossible to focus on other important matters.