When trading cryptocurrencies, the following types of people are bound to incur losses:

1. Complete novice: They buy a cryptocurrency that doubles in price purely by luck, but end up losing due to their operational mistakes.

Novices often tend to go all in, blindly chasing rises and selling on dips, completely unaware of position management, profit-taking, and loss-cutting concepts. They always operate with full positions, ultimately left in tears.

For novices, it is advised to venture into the cryptocurrency space as little as possible; if participation is necessary, they should observe more and operate less.

2. Small capital investors: Trying to earn millions with just a few thousand USDT? While there are indeed cases in the crypto world where a few thousand USDT turns into millions, most of these gains are achieved through primary markets and contract trading.

It is extremely difficult for small capital investors to achieve high returns in the secondary market; if they wish to attempt it, they must endure the high risks brought by contracts and primary markets.

However, it is crucial to clarify that only a very small number of people can succeed in this high-risk mode. Therefore, it is important to remain rational, watching more and doing less.

3. "Giant baby" type investors in the crypto world: These individuals pretend to understand but do not, yet expect others to guide them. They complain incessantly with every small loss, and their mentality is very likely to collapse.

They have almost no chance of making money because of their poor mindset, and they are unlikely to go far in their investment journey. If they cannot grasp even small profits, how can they talk about investing?

4. Stubborn investors who only hold altcoins: Those who never touch BTC, ETH, or BNB, and only hold altcoins face extremely high risks.

While Bitcoin's price increase is relatively slow, it is more stable. In contrast, altcoins may rise quickly but can also plummet just as fiercely, potentially leading to notifications of delisting from exchanges. In the cryptocurrency space, maintaining stability is key to going further. #PNUT再次走高 #BONKBURNmas销毁计划