Why are you constantly losing money in trading cryptocurrencies?

1: Incorrect mindset, a slight market fluctuation makes you anxious, even during profitable trades you become very tense, fearing that a sudden spike could wipe out your profits. You spend all day gathering insider information and consistently chase after rising prices and sell during dips.

2: Lack of a complete and personal profit model; blindly going long or short based on feelings, and thinking you are a trading expert based on tips from public squares, unaware that you are on the path to being cut.

3: Frequent trading leads to a weakening psychological defense; each profit point may not even cover the platform fees.

4: Disorganized position opening; with only 10,000 units of capital, opening a position of 5,000 units is asking for liquidation; position management is especially important in trading.

5: For short-term trading, as long as you are making a profit, any time to sell is right! Understand when to take profits!

6: After doubling your investment, if you still believe in the coin, you can sell your principal to buy other strong coins, allowing profits to continue.

7: Reasonable position management; do not be fully invested! Always remember!