#常见交易错误 cryptocurrency trading may seem simple, but it is actually fraught with hidden complexities. Many of my friends have made various mistakes in trading, resulting in heavy losses.

One of the most common mistakes is 'chasing highs and selling lows.' When they see the price rise, they can't help but jump in, only to find themselves stuck at a high position; when they see the price drop, they panic-sell and end up missing the rebound opportunity. This kind of operation is like throwing money into the water.

Another mistake is 'blindly following trends.' When they see someone recommending a certain coin, they buy it directly without doing any research, only to end up getting cut down. Remember, the information in the cryptocurrency world is mixed; you must have your own judgment and not blindly trust what others say.

Of course, the most fatal mistake is 'leveraging addiction.' Trading with high leverage may lead to overnight riches, but it is more likely to lead to losing everything overnight. A friend of mine lost all his savings and even incurred massive debts due to his obsession with high leverage. Therefore, you must control leverage well and not let it become a demon that devours you. What other common trading mistakes have you encountered?