#交易策略误区

### ⚠️ Core Misunderstanding Analysis

1. **Emotional Trading (FOMO)**

Blindly chasing highs and panic selling or greedily buying high influenced by community sentiment or short-term fluctuations, leading to buying at high points and selling at low points.

2. **Lack of Risk Management**

- **No Stop Loss**: Waiting for recovery when in loss (holding onto losing trades), which magnifies losses;

- **High Leverage**: Using leverage over 20 times combined with market volatility easily triggers liquidation (e.g., BTC's daily fluctuations often exceed 5%).

3. **Insufficient Research (Neglecting DYOR)**

Trusting “recommended by experts” or insider information without analyzing the project's fundamentals (such as technology, team, application scenarios), investing in air coins or scam projects.

4. **Improper Strategy**

- **Holding Wrong Tokens for Long Term**: Holding non-mainstream coins (like meme coins) for a long time may lead to zero value (over 90% of altcoins disappear within 10 years);

- **Frequent Trading**: Overtrading increases transaction fees and makes it difficult to grasp trends.

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💎 **Key Summary**: Successful trading relies on **Rational Decision Making + Strict Risk Control**, avoiding emotional interference, strengthening independent research (DYOR), and only operating with funds within the risk tolerance range.