Common minefields of loss in the cryptocurrency circle, count how many you have stepped on?

I love to trade frequently, but I don’t make any money, but I have to pay a lot of fees. I am always carried away by market fluctuations, and my mentality is messed up.

I rush to add positions when I see the price rise, like a headless fly, and the result is often to buy at high prices and sell at low prices. Investment strategy? It doesn’t exist.

I am reluctant to sell when I am stuck, thinking that it will rise back, but the loss gets deeper and deeper. Stop loss? It doesn’t exist.

At the beginning of the decline, I rush to cover my position to spread the cost, and I can’t see the market trend clearly. Isn’t this jumping into the fire pit?

I can’t hold the currency, and I can’t stand the slightest fluctuation. As a result, I sell it and it soars soon, and I miss all the long-term benefits.

I follow the trend, chase when it rises, and run when it falls. I have no ideas of my own. Once the market sentiment is incited, I follow it.

I change currencies and pay a lot of fees, but I haven’t studied any of them thoroughly, just like a cursory visit.

There are a lot of currencies in my hands, which is said to be risk diversification, but in fact, I can't manage any of them. The research is not deep enough, which is equivalent to not investing.

I have soft ears and listen to gossip everywhere. It is difficult to distinguish true from false. In the end, I don't know how I lost money.

I am self-righteous, unwilling to learn new things, and use the old tricks to the end. The market has changed but I am still in the dark.

I lose my chain at the critical moment, and I don't take action when I should, so that others can pick up good opportunities.

I am afraid to buy at the bottom, and I am greedy and reluctant to sell at the top. The buying and selling points are all reversed, and making money becomes losing money.

I change my strategy after losing a few times, like a headless fly, without a fixed rule, and I am satisfied with a small profit, and I miss the big opportunities.

It is difficult to make a boat with a single wood, and a single sail cannot sail far! In the currency circle, if you don't have a good circle and don't have first-hand information about the currency circle, then I suggest you follow me, check the introduction, and take you to the shore for free. Welcome to join the team!!!