“Chives” Psychological Map: Don't Let Human Weaknesses Become Investment Pitfalls
1️⃣ FOMO and Panic Selling: Buying in a rush at the sight of rising prices, panic selling at declines, letting emotions dictate trading, repeatedly losing in the cycle of 'buy high, sell low'.
2️⃣ Obsession with Getting Rich Quickly: Fantasizing about overnight hundredfold returns, easily believing 'insider information', ignoring the essence of high risk, ultimately losing everything.
3️⃣ Blindly Following the Crowd: Relying on others' judgments, chasing community hype, following recommendations from influencers, losing the ability to think independently.
4️⃣ Recovery Trap: Frantically averaging down after losses, disregarding market trends, sinking deeper and deeper into a vicious cycle.
Recognizing these psychological pitfalls and controlling greed and fear is the key to breaking out of the harvesting cycle!
