Characteristics of frequent losses in the cryptocurrency circle, see how many of them you have?
1. Frequent trading not only increases transaction costs, but also easily affects the mentality due to market fluctuations.
2. Those who chase and add positions when the price goes up: lack of clear investment strategy, which easily leads to buying high and selling low.
3. Failure to stop loss when trapped: Failure to stop loss in time may cause greater losses.
4. Those who blindly and frequently add positions at the beginning of a downward trend: the risk of adding positions when the trend is unclear is relatively high.
5. Those who hold coins for a short time: the price fluctuates greatly in the short term, and it is easy to miss the opportunity for long-term growth.
6. Those who chase when the price goes up and cut when the price goes down: follow the trend without a clear plan and are easily influenced by market sentiment.
7. Those who frequently change coins: frequent currency changes will increase transaction costs and it is difficult to accumulate experience in in-depth research.
8. Those who hold a large number of coins: although diversified investment can reduce risks, too many coins will increase the difficulty of management and it is difficult to concentrate on in-depth research.
9. Those who listen to news everywhere: blindly listening to news is easy to be misled and lack independent judgment.
10. Self-willed and self-satisfied: unwilling to learn and accept new knowledge, easily fall into their own thinking errors.
11. Lack of courage: lack of decisiveness at critical moments, difficult to seize opportunities.
12. Dare not buy at the bottom, unwilling to sell at the top: lack of judgment and execution of the market.
13. After many failures, do not stick to the original model: frequent changes in strategy lead to lack of systematization. Be content with small gains: satisfied with short-term gains, ignore long-term potential.
