The four most taboo things in cryptocurrency trading! The moderate taboo is leeks!

Heavy positions in unpopular altcoins:

Blindly invest a large amount of money in unpopular and risky altcoins, hoping that they can get rich overnight. However, these currencies often lack a stable foundation and liquidity. Once the market fluctuates, the losses will be difficult to recover.

Floating loss increase position:

Continuously increase positions when losing money, hoping to recover losses by increasing positions, but often fall into a vicious cycle of more losses. Many common mistakes made by investors are also an important reason for capital loss.

Technical indicators:

Over-reliance on technical indicators for trading decisions ignores the fundamentals and actual trends of the market. Although technical indicators can provide a certain reference, they are not omnipotent. Excessive superstition may cause investors to miss real investment opportunities.

Interval trading:

Interval trading, pursuing short-term profits, while ignoring long-term investment value and strategy. Interval trading not only increases transaction costs, but may also affect investors' mentality and strategic judgment, and ultimately lead to investment failure.

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