#常见交易错误 Insufficient Understanding of the Market: Entering the market blindly without understanding the basic principles, trading rules, market trends, etc. of the cryptocurrency market can easily lead to poor decision-making.

• Lack of Trading Strategy: Not having a clear trading plan and strategy, including when to buy, sell, set stop losses, take profits, etc., leads to arbitrary trading behavior, which can easily be swayed by market emotions.

Improper Emotion Management

• Greed: In trading, when the price of cryptocurrency rises, investors may not take profits in a timely manner due to greed, hoping for further price increases, and ultimately may miss the best selling opportunity, leading to profit reversal or even losses.

• Fear: When market prices fall, investors may hastily cut losses out of fear or may not dare to buy at low levels, missing out on rebound opportunities.