Why do 99% of cryptocurrency traders lose money? The following fatal mistakes are the root of the problem. How many have you made?

1️⃣ Blindly chasing highs

Seeing the price of a coin surge wildly and impulsively jumping in, ignoring the risks of buying at high levels, must strictly adhere to the principle of "not chasing high prices".

2️⃣ Misjudging buying points

Not understanding how to differentiate the value of coins, ignoring high-quality targets at larger buying points, patiently waiting to lay out buying points is the correct path.

3️⃣ Impulsive trading

Knowing it’s not a buying point yet still feeling the urge to operate, an unstable mindset makes it hard to profit, no matter how much theory one knows.

4️⃣ Letting emotions dictate

Having an obsession with specific coins or points, not making decisions based on market buying and selling signals.

5️⃣ Refusing to reflect

Blaming the market for mistakes, not reviewing and summarizing in a timely manner, unable to improve investment ability.

6️⃣ Lack of technical skills

Relying solely on mindset without technical analysis makes it difficult to stand firm; a combination of both for rational judgment is necessary.

7️⃣ Insufficient strategy

Not seizing buying and selling opportunities, regardless of the amount of funds, precise operations are the hallmark of experts.

8️⃣ Panic operations

Having a breakdown in mindset during trading and operating blindly; calmly holding coins ensures quality targets are not a worry.

9️⃣ Holding onto luck

The market will not overlook lucky behavior; only through change can one survive in the long term.

Investing in the cryptocurrency space is risky and complex; only by fully recognizing risks, maintaining rationality, and executing stable strategies can opportunities be seized.