Today is the 279th day that I have been writing posts. I haven't missed a single day. Each post is not superficial, but carefully prepared. If you think I am a serious person, you can join me, and I also hope that the daily content can help you. The world is big, and I am small, subscribe so it's not hard to find.
Five deadly habits of cryptocurrency traders: First of all, the habit of holding a full volume, some people obviously do not have the opportunity to hold a full volume, but due to greed, they are always used to holding a full volume. This habit, if made a mistake once, is mainly very difficult to start again. Firstly, if you have no personal judgments, no personal perception, and no personal aesthetics, and you only listen to other people's opinions, then this is a habit that will cause you to suffer. I believe that for a retail investor, there is no opportunity to spend so much time and effort on a deep study of the market, and that is understandable. But if you are trading cryptocurrencies, you must have a certain understanding and aesthetic tastes; at the very least, you should know what is right and what is wrong. And then combine other people's opinions and make your own decisions. Thirdly, everyone falls into the trap that when the price rises slightly, it is impressive, and they sell immediately, but afterwards they find themselves in an ambush, resulting in a stable situation. This is also a matter of the profit and loss ratio; the correct approach is to act slowly during profit and quickly during losses. Fourth, what coins in a downward trend like is beautifully called "buying the dips", but when you're done buying, there are still 18 levels below. The right approach is to choose the most popular and active items in the market. The fifth, restless mood, lack of a plan, constant impulsive trading — this is also a reason for the losses of most people. It is precisely because of inflated expectations and the inability to control their emotions that many lose themselves during buying and selling, resulting in doing everything wrong, losing not only wealth but also rhythm and confidence.
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Today is the 279th day that I have been writing posts. I haven't missed a single day. Each post is not superficial, but carefully prepared. If you think I am a serious person, you can join me, and I also hope that the daily content can help you. The world is big, and I am small, subscribe so it's not hard to find.
Five deadly habits of cryptocurrency traders:
First of all, the habit of holding a full volume, some people obviously do not have the opportunity to hold a full volume, but due to greed, they are always used to holding a full volume. This habit, if made a mistake once, is mainly very difficult to start again.
Firstly, if you have no personal judgments, no personal perception, and no personal aesthetics, and you only listen to other people's opinions, then this is a habit that will cause you to suffer. I believe that for a retail investor, there is no opportunity to spend so much time and effort on a deep study of the market, and that is understandable. But if you are trading cryptocurrencies, you must have a certain understanding and aesthetic tastes; at the very least, you should know what is right and what is wrong. And then combine other people's opinions and make your own decisions.
Thirdly, everyone falls into the trap that when the price rises slightly, it is impressive, and they sell immediately, but afterwards they find themselves in an ambush, resulting in a stable situation. This is also a matter of the profit and loss ratio; the correct approach is to act slowly during profit and quickly during losses.
Fourth, what coins in a downward trend like is beautifully called "buying the dips", but when you're done buying, there are still 18 levels below. The right approach is to choose the most popular and active items in the market.
The fifth, restless mood, lack of a plan, constant impulsive trading — this is also a reason for the losses of most people. It is precisely because of inflated expectations and the inability to control their emotions that many lose themselves during buying and selling, resulting in doing everything wrong, losing not only wealth but also rhythm and confidence.