It's the weekend again, have a great weekend!
Today we won't talk about K-lines or technicals; let's discuss those investment mindsets that lead you to lose money repeatedly in the crypto world. Too many people lose without understanding why, often the root cause isn't the technology but rather the mindset traps, which not only consume your principal but more importantly, undermine your confidence.
Chasing highs and selling lows, mistakenly treating the market as a casino
Seeing a surge gets you excited, fearing you might miss the wealth train? As a result, you enter at a bad time, panic-sell when it drops, perfectly practicing 'buy high, sell low.' Therefore, you must learn to control your emotions; the market specializes in treating various forms of disobedience. The more emotional you are, the happier the market makers are.
Fear of missing out, treating information as divine orders
Seeing others post their profits can make you feel anxious and unable to eat. This makes it easy for you to go all in when you see insider info about a hundredfold coin, only to end up with nothing. Investing isn't a race; being a step behind won't kill you, but hitting a landmine can.
Blindly following the crowd; everyone plays because everyone else is playing, so I will too, thinking everyone's judgment must be correct. Little do they know, the truth is often found among the minority. The truly profitable people in crypto are also few; the hottest coins are where the risks are highest.
Thinking that just holding onto something means it's value investing
Long holding does not equal random holding. Holding onto a worthless coin and playing dead won't bring a bull market but rather zero. True value investing only applies to leading assets with consensus and ecosystems; betting on small coins long-term is no better than rolling dice in a casino.
Mysterious confidence, treating luck as skill
Money earned through sheer luck will eventually be lost through skill. In a bull market, everyone is a stock god, but only when the tide goes out do you discover who has been swimming naked. Reviewing trade records every day, admitting mistakes is harder than pretending to be correct.
Afraid to chase after a rise, afraid to sell after a drop
"This coin has already risen tenfold, it must be expensive!" "It has dropped 80%, time to buy the dip!"—Price anchoring is a human instinct. However, coin price levels are unrelated to price movements; they are only related to valuation.
Position thinking, the butt decides the brain
After heavily investing in a coin, you will frantically search for its positives and turn a blind eye to its negatives. This psychological phenomenon is called confirmation bias, commonly known as self-deception.
Mental accounting, the cost price is a mental barrier
My cost price is 50,000, now it's 30,000, cutting losses is too painful. Remember that the cost price is a thing of the past and has nothing to do with future trends. Don't let past mistakes bind future decisions.
Sunk cost, cutting losses hurts more than amputating a limb
Holding onto losing coins while failing to keep winning coins. Human nature despises losses, but the market shows no mercy. What you have lost is already a sunk cost. Continuing to increase your position will only amplify mistakes. Timely loss-cutting is essential to free up resources for the next opportunity.
Follow the experts, listen to the news
Opportunities in the crypto world rely on gathering information, finding genuinely quality projects, and continuous learning. In the end, I sincerely tell you that making money still depends on yourself; no matter how skilled someone is, they can't hold your hand and teach you how to operate.
The crypto world is not short of opportunities, but it also specializes in treating various forms of disobedience. Newcomers, in particular, should be wary of the traps of easy wealth. The essence of investment is cognitive monetization—your level of thinking determines the ceiling of your account balance. Stay alert; don't let your mind become your greatest enemy.
#投资思维 #交易心理学 #币圈误区 #加密货币投资
