I found that 99% of retail investors have a particularly fatal bad habit.

When prices rise, they can't hold on; when prices fall, they don't stop loss.

When prices go up, they think, don't wait for it to drop and let my profits retreat; once it's in my hands, it's mine. When prices fall, they keep thinking, wait until I break even and then I'll sell. Waiting and waiting, they end up trapped, and if they wait a bit longer, they face liquidation.

Once liquidated, they feel comfortable for a moment but then fall into endless regret, starting to question themselves and then the market, from "if I had known, I should have..." to "it's a blockchain scam."

Therefore, before placing an order, you must have a clear operation range and plan, keeping losses within a bearable limit. Don’t feel pain when you lose; take profit in batches or adjust your stop loss when prices rise, reducing the risk of loss while not missing market opportunities.

Blindly placing orders and holding onto them will only shorten your lifespan in this market. The more you observe, learn, and execute, the longer you can survive in this market.