In the crypto world, there are often three common problems:

1. If you lose, just hold:
Sell immediately when you have a slight profit or break even, without considering the trend or trading volume, only looking at your own account profit and loss. The final result is unlimited loss and very little profit.
The correct approach should be:
Profit hold, set stop loss at cost, let profit run, exit early if the trend doesn't meet expectations. If the loss reaches 5% of the principal after buying, you can hold, and take profit at 10%, even with only a 50% win rate, your profit will be positive. However, the difficult part is human greed, and very few people can integrate knowledge and action.
2. Do not look at the trading volume:
Many retail investors do not look at Trading Volume or study it when buying coins. The pump of a coin requires real money to enter before it can go up, but most retail investors overlook this indicator.
3. Holding too many coins:
The retail investor has a small principal, but has dozens of coins, casting a wide net, hoping that one coin can pump hundreds of times and make a fortune. This is a wrong understanding. After dispersing the funds, the income brought by the pump is very small. Usually, when pumping, there are only a few, and when falling, they all fall together. The key point is that no one can pump a hundred times with coins unless they forget, relying on luck.