#常见交易错误

1. Lack of Research & Chasing Hype

* **Mistake:** Blindly chasing high prices after seeing a coin soar, trusting recommendations from communities or friends without understanding the project's fundamentals, use cases, team, technology, and market trends before investing.

* **Consequence:** Getting stuck at a high price, becoming a 'bag holder', and experiencing a price crash when the hype fades.

* **How to Avoid:**

* **DYOR (Do Your Own Research):** Before any investment, be sure to thoroughly research the project's whitepaper, roadmap, community activity, code updates, competitors, etc.

* **Independent Thinking:** Do not rely solely on one-sided information from social media or KOLs; cultivate your analytical skills.

* **Understand Risk:** Recognize the high volatility of the cryptocurrency market and do not be misled by short-term profit hype.

### 2. Emotional Trading

* **Mistake:** Being swayed by fear and greed, blindly chasing prices during peaks due to FOMO (Fear of Missing Out), and panic selling when prices drop (buy high, sell low).

* **Consequence:** Missing the best entry and exit points, resulting in significant losses.

* **How to Avoid:**

* **Create a Trading Plan:** Clearly define your goals, risk tolerance, entry and exit strategies (including stop-loss and take-profit) before trading, and adhere to them strictly.

* **Maintain Discipline:** Regardless of market fluctuations, do not act impulsively; stick to your trading plan.

* **Control Position Size:** Do not use all your funds for a single trade.

* **Take Regular Breaks:** Avoid overtrading or staring at the screen for long periods to prevent emotional fatigue.