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

1️⃣ Blindly chasing highs

Seeing the price of a coin surge and impulsively jumping in, ignoring the risks of buying at high prices. You 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 significant buying points, and patiently waiting for the right buying opportunity is the right path.

3️⃣ Impulsive trading

Knowing it’s not a buying point but still feeling the urge to operate, an unstable mindset makes it difficult to profit, no matter how much theory you have.

4️⃣ Emotional decision-making

Having an obsession with specific coins or levels, without using market buying and selling signals as a basis for decision-making.

5️⃣ Refusing to reflect

Blaming the market for mistakes, failing to review and summarize in a timely manner, making it impossible to improve investment skills.

6️⃣ Lack of technical skills

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

7️⃣ Insufficient strategy

Not seizing trading opportunities; regardless of capital amount, precise operation is the way of the expert.

8️⃣ Hasty operations

Having a collapse in mindset during trading and acting blindly; staying calm with your holdings ensures you won’t run out of quality targets.

9️⃣ Complacent mindset

The market will not overlook complacent behavior; only by changing can one survive long-term.

Investing in the cryptocurrency market is risky and complex; only by fully understanding the risks, maintaining rationality, and executing sound strategies can one seize opportunities.