Use full leverage as soon as you enter the market: When you encounter a popular currency, don’t ask about its source or do research, just buy it with full leverage. The more unstable the currency, the better.
Buy high and sell low: Buy any currency when it goes up, and sell it quickly when it goes down, completely based on emotions.
Keep trying new platforms: Change trading platforms frequently, especially those with unknown security and newly listed platforms.
Ignore market information: Turn a blind eye to market news, technical analysis, and fundamental research, and invest entirely based on intuition.
Passionate about niche, unknown projects: Focus on projects that almost no one has heard of, the less popular the better, regardless of risk.
Frequent operations: Frequent trading every day, not missing any opportunity of fluctuations, trying to grab every bit of profit.
Ignoring risk management: Not setting stop-loss at all, not considering diversification of investments, and investing all funds in one basket.
Complete reliance on other people’s opinions: Acting only on opinions on forums and social media without conducting personal independent analysis.
Neglecting password security: Using simple passwords, not enabling two-factor authentication, and frequently logging into accounts in unsecured network environments.
Constantly changing strategies: Do not stick to any one investment strategy, and change strategies as soon as the market fluctuates.
Humor version : )
