$DOGS $ETH $BTC 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. Chasing and adding positions when prices rise: lack of clear investment strategies, which easily leads to buying high and selling low.

3. Not stopping losses when being trapped: Failure to stop losses in time may cause greater losses.

4. Blindly and frequently covering positions at the beginning of a downward trend: the risk of covering positions when the trend is unclear is relatively high.

5. Short-term holding of coins: large price fluctuations in the short term, easy to miss the opportunity for long-term rise.

6. Chasing when prices rise and cutting when prices fall: following the trend without a clear plan, easily influenced by market sentiment.

7. Frequent currency exchange: Frequent currency exchange will increase transaction costs and make it difficult to accumulate experience in in-depth research.

8. Those who hold many currencies: Although diversified investment can reduce risks, too many currencies are more difficult to manage and it is difficult to concentrate on in-depth research.

9. Those who listen to news everywhere: Blindly listening to news can easily be misled and lack independent judgment.

10. Self-willed and self-satisfied: Unwilling to learn and accept new knowledge, it is easy to fall into their own thinking errors.

11. Lack of courage: Lack of decisiveness at critical moments and difficulty in seizing opportunities.

12. Those who dare not buy at the bottom and are reluctant to sell at the top: Lack of judgment and execution of the market.

13. After many failures, they do not stick to the original model: Frequent changes in strategy lead to lack of systematization. Those who are content with small gains: Satisfied with short-term gains and ignore long-term potential.