Recently, many old fans have returned to the market and have made a lot of gains in the past two months with projects like MEW and Turbo.

However, over the past month or so, self-operating has frequently encountered setbacks. Seeing others making profits while oneself is incurring losses, inevitably leads to anxiety and distorted decision-making. In fact, such a low point is not uncommon, it is a necessary test for every investor's growth. The crypto world, while having a low entry barrier with just a hundred RMB, hides many pitfalls and substantial risks. Without a clear trading strategy, following the crowd and relying on imagination is akin to a blind man touching an elephant. With a stroke of bad luck, one may end up back to square one overnight due to investing in '' coins.

I have analyzed the situation of my friends' losses in depth over the past month and found that the main problems are concentrated in two areas:

One: Blind contract operation and improper Position management. Faced with market Fluctuation, they lack sufficient awareness and judgment, blindly pursuing Heavy Position in the hope of getting rich overnight. Little do they know that although contracts can objectively generate profits, it is not a matter of luck, but rather requires profound experience and keen market insight as support.

Secondly: Blindly chasing the market without rationality. When the price of the coin is low and continues to fall, they are often hesitant and dare not get on board. But once they see the price surge, they are eager to chase rising prices. This strategy may work for hot coins in a bull market, but it carries extremely high risks and demands strict requirements from traders. Chasing rising prices and shorting the market is a skillful activity. If you rely solely on enthusiasm, you will eventually suffer heavy losses.