In the cryptocurrency world for 8 years, I have seen too many people fall. I have summarized 5 common types of mistakes, hoping to ring the alarm for you!
Don’t think you are so smart; in front of the market, we are all vegetables, and if you’re not careful, you’ll get harvested!
1. Mistakes of Trend Followers in Volatile Markets: The trend looks good, but the patience is worn out by the volatile market, buying the dip halfway up the mountain, and getting stuck!
2. Mistakes of Volatile Market Traders in Trending Markets: The volatile market is handled smoothly, but when the trend comes, stubbornly holding on and refusing to admit defeat leads to liquidation!
3. Mistakes of Short-Term Traders in Sharp Price Movements: Pursuing excitement, liking short trades, but encountering sharp price movements, chasing highs and cutting losses, played around by the main forces!
4. Mistakes of Intuition-Based Traders: Trading based on feelings; today the feeling is bullish, tomorrow it’s bearish. The result is that feelings are never accurate, leading to catastrophic losses!
5. Mistakes of News-Driven Traders: Hearing the wind and taking action; today hearing good news and going all-in, tomorrow hearing bad news and cutting losses, resulting in being severely impacted by false news!
Therefore, in the cryptocurrency world, you must have your own strategy. Do not blindly follow the trend, do not trust feelings, and definitely do not trust rumors!
Find a trading method that suits you, manage your risks well, and you can survive in this cruel market!
🔥 Current Market Guide (2025 Passive Income Version)
Weekly Level: Direction is upward, currently experiencing a new weekly uptrend, with an overall target above 150,000.
Daily Level: Direction is upward, currently undergoing a daily rebound, with a target for this daily uptrend around 120,000 to 130,000.
4-Hour Level: Direction is upward, currently in a 4-hour uptrend, expected to reach new highs.
1-Hour Level: Direction is upward, likely to continue extending upwards to around 110,000.
15-Minute Level: Direction is upward, if it stays above 106,400, it cannot be determined as a 1-hour pullback.
