A college student was deceived of 30,000 U, which was all his property, because he trusted his friends on the chain and believed in the so-called "Pixiu project airdrop". Such cases are not uncommon, and the root of the problem is mostly emotional operations.
1) Emotional operations not only affect the judgment of market conditions, but may also be reflected in excessive enthusiasm for a certain sector or currency and fluctuations in personal psychological state.
2) For example, when I participated in the Space discussion a few days ago, I mentioned that "GOAT" has short-term risks and it is not recommended to chase high. At that time, the market value of GOAT exceeded 400 million. I pointed out that the market sentiment was overheated, and there was no large exchange to follow up with liquidity injection, and the short-term risk was relatively large. As a result, the market value really fell from 400 million to 200 million, almost halved.
3) Emotional manifestations at the personal level are often the main cause of losses. If you don't know how to restrain yourself after making money and continue to pursue greater returns, it will often lead to failure. Especially for such high-risk small coins or local dog projects, don't go all in, otherwise you may not only suffer heavy losses, but also miss the future bull market opportunities.
Stay calm and rational, avoid emotional operations, and do not take unnecessary risks in the market.
