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Cryptocurrency Speculation Don't be single-minded, change the following bad habits to ensure you make a profit without losing it!
1. No buying point, but you really want to buy in, afraid that it will fly directly, even chase the market to enter, at this time your eyes are only focused on it.
2. When making value investments, if you only focus on the price and it rises, that's great and meets expectations. But if the coin price falls, you will selectively ignore the fact that the coin price is at the end of a declining structure in the larger cycle and has already realized its value, and desperately look for various fundamental supports to support your own viewpoint.
3. When you are trapped in a trade, you will suddenly become very firm long positions. You cannot bearish it to anyone. You are emotionally controlled and have lost the ability to make rational judgments. You only want to listen to the analysis of the bullish.
4. You obviously misjudged, you can stop loss here in the short term, but you keep focusing on the account because you only allow yourself to exit with profit, not allowing yourself to stop loss, resulting in more and more losses, turning short term into long term.
5. If a coin has hurt you before, you will resent it for a lifetime and refuse to buy it again, no matter how good the opportunity is.
6. When you sell a coin in short-term and judge that this coin still has a lot of pump space, even if you chase it back now, it will only increase the cost by two points, but you refuse to chase it back.
7. I want to buy coins every day, even if I don't buy any, I still want to buy, buy randomly, and use up the last penny in the account.
8. No patience, can't hold the coins, can't stand still for the short term.
9. When you have been in a certain pattern for a long time, and have been losing for a long time, but still refuse to change your mindset.
10. When you lose money continuously, you become bloodshot. If you don't believe, you can't win once, and then you continue to increase your betting chips.
11. When you make a profit of 30 pips, the short-term actually shows a signal of pump exhaustion, but you insist on waiting until you reach 100 pips to take profit.
12. When you succeed due to a survivorship bias, you persistently believe that this method is feasible. However, subsequent practices repeatedly prove that you are wrong, but you are unwilling to admit it and insist on going your own way.
Cryptocurrency Speculation cannot be rigid. If the direction is wrong, you will lose. Adjust it and make judgments based on the situation. Run when you should run, hold when you should hold. If you see this, I believe you also need one of the 20% of people who are willing to share experiences with you, follow me! I don't expect any return, and I don't care about your tuition. I'm just someone who used to lose a lot and now earns a lot. I share my experience with you, so that those who are not fortunate enough to see this article will lose, while we will earn together and be at the forefront. The only way is to follow me! This way, you can see each shared article.