#XmasWithGatePost crypto world avoidance guide summary, which pitfalls have you encountered?

1. Envy and impulse
When seeing a desired cryptocurrency, even though it's not a good time to buy, I can't help but want to chase the high and enter the market. As a result, my eyes are only fixed on that coin, and I miss out on other better opportunities.
2. Value Investment Trap
When making value investments, only looking at the price and feeling good when it rises, but when the currency price falls, various fundamental positives are sought to support it. Ignoring the fact that the currency price is at the end of the exhaustion of the upward momentum in the long cycle, the result is getting deeper into the trap.
3. Emotional loss of control after being covered
Once trapped in a trade, your emotions turn you into a firm bull, unable to tolerate any bearish voices. Rational judgment disappears completely, and you only want to listen to bullish analysis.
4、Wrong is not recognized
Obviously, it was a wrong judgment and one should have cut losses and exited. However, because only profits are allowed and losses are not allowed, the result is more and more losses, turning a short-term investment into a long-term one.
#与动态一起迎圣诞