But to be honest, the market itself is not the scariest part. What really causes losses is not the market itself, but our obsessions.

Trading is a mirror that reflects our emotions, desires, fears, and greed.

Check out these 11 common misconceptions about trading coins; how many have you fallen for? The sooner you see through them, the less you will lose.

1. Love-type trading: fell in love with a coin and lost the entire account.

Have you ever had such a moment? A coin just takes off, and you can’t help but chase in, telling yourself ‘if I don't jump in now, I’ll never have a chance again!’

No matter how high the position or how great the risk, you just have to buy. You are not analyzing; you are in love.

What you love is not the coin, but the 'illusion of making money.'

Suggestion: Every trade must have a clear entry logic and exit mechanism; don't get emotionally attached to any coin.

2. Value stubbornness type: saying long-term, but focusing on the short-term.

Many people call themselves 'value investors' but are actually just unwilling to admit mistakes after buying high.

When prices fall, you desperately search for good news to comfort yourself: 'This project's technology is great' or 'The founder is reliable.'

The valuation has long been overdrawn, yet you still hold on, saying you are 'holding steady.'

Suggestion: True value investment is buying at the right price and being willing to bear fluctuations, rather than stubbornly holding on at the wrong price.

3. Emotional judgment: when stuck, you become a bull; if others sing bear, you explode.

Just got stuck, and went from a rational person to a ‘hard-headed bull’.

When others express a bearish view, you feel the need to argue; on social platforms, you only pay attention to bullish voices.

In fact, you are not analyzing the market; you are seeking comfort.

Suggestion: If you can't control your emotions in trading, it means you’re not truly prepared. Learning to consider opposing views is the beginning of maturity.

4. Procrastination stop-loss type: can take small losses but insists on suffering heavy losses.

Knowing the trend is wrong, yet still thinking ‘just one more look’ or ‘what if it rebounds?’

The result is, originally just a 5% loss, but in the end, you lose 50% before you are willing to concede defeat.

Short-term trading turns into a long-term burial.

Suggestion: Set a stop-loss, respect the market, and don’t be a delusional trader.

5. Emotionally avoid coin type: it's not the coin you should hate, but the fact that you can't let go of yourself.

A certain coin once made you suffer greatly, so you block it, no matter how strong it becomes in the future, you won't look.

In fact, you don't hate that coin; you hate the version of yourself that made the decision at that time.

What you refuse is an opportunity to prove yourself again.

Suggestion: The market has no emotions, and opportunities do not hold grudges. Don't let past mistakes prevent you from seizing current opportunities.

6. Afraid to chase after missing out: fear of chasing high, missing the entire trend.

Selling too early makes you regret when the price rises, but you're reluctant to buy back.

Afraid to chase and get stuck, fearing 'standing guard at a high position.' As a result, you watch it rise while you remain on the sidelines.

The entire trend has been missed.

Suggestion: Accept that you are not a god, and you cannot buy at the lowest or sell at the highest. The core of trend trading is 'participation,' not 'perfection.'

7. Itchy hands trading: need to force yourself into action without a plan.

No signals, no logic, no position management, but you just can't help but operate.

You think you’ve caught ‘inspiration,’ but it’s actually your itchy hands controlling your brain.

After jumping in, you realize it’s completely different.

Suggestion: Trading without a plan is no different from gambling. Don't challenge probability with impulse.

8. Impulsive type trading: can't hold a coin for an hour before wanting to sell.

Once you buy, you stare at the screen; panic at a shake, and want to cut at a dip.

Always thinking you're flexible, but in reality, you're just too anxious inside.

In this state, no matter how good the strategy is, it won't work.

Suggestion: Once you have set your target and stop-loss, do not operate frequently. The rhythm of trading is more important than the frequency of trading.

9. Stubborn strategy type: unwilling to change a wrong strategy, still waiting for a turnaround.

A strategy has lost for two weeks, yet you're still unwilling to change, saying ‘this is a correction period’ but inside you feel uncertain.

You are not believing in strategies, but avoiding reality.

Suggestion: Strategies need to adapt to the market, not the other way around. Review in a timely manner and adjust flexibly.

10. Occasional faith type: making money once makes you think you've found the holy grail.

You made a profit with a certain strategy and thought you discovered the 'universal method,' but after a series of failures, you still refuse to admit your mistake.

You hit a wall but don't turn back, because you think 'that wall is a passageway.'

Suggestion: Any strategy has its failure points; continually learning and updating your understanding is the true sustainable competitive advantage.

11. Reminiscing trading: if you didn’t get it right once, you get lost in reviewing and regretting.

Do you often review a trade that you 'should have profited from'?

Repeatedly think, if I had sold a bit slower and bought a bit faster back then, it would have been better.

And then you get caught in the emotional whirlpool, unable to extricate yourself.

Suggestion: Trading should look forward. The truly capable ones take experience from failures, not emotions.

[Don't let emotions trade you]

Trading coins has never been a technical task, but rather a battle of cognition, emotions, and discipline.

The market will always go 'up and down,' but you can't follow it 'fluctuating'.

When you no longer see the rise and fall of coin prices as a barometer of emotions,

When you can maintain your rhythm amid the noise,

You have truly embarked on the path to becoming a mature trader.

What you fear most in trading coins is not market fluctuations, but the turmoil in your heart.

Let go of your obsession, see yourself clearly, and you can survive longer and go further in the coin circle.