Don't be single-minded in cryptocurrency trading. 99% of people have made these mistakes. Getting rid of these bad habits will make you profitable and not lose money!

Obsession is the biggest taboo in cryptocurrency speculation. In a sense, it is a pathological determination and belief. Blind optimism can affect emotions and interfere with judgment.
1. When you encounter a good coin, but you clearly didn't buy any, yet you really want to buy in, fearing that it will fly directly, and even chase high to enter the market, at this time your eyes are only focused on it, this is obsession.
When making value investments, if you only focus on the price, when the price rises, it's great, meets expectations, but the coin price falls. At this time, you will selectively ignore the fact that the coin price is at the end of the exhaustion of the rising momentum in the big cycle, and the reality of realized valuation, and desperately look for various fundamental positive supports for your own point of view, this is obsession.
3. Your trade is trapped, and you suddenly become very firm long. You can't tolerate anyone singing short against it. You are controlled by emotions, and have lost the ability to make rational judgments. You only want to listen to bullish analysis, this is obsession.
4. You clearly made a wrong judgment here, and you can stop loss and exit in the short term. But you keep staring at the account because you only allow yourself to exit with profit and don't allow yourself to exit with loss. As a result, the more you lose, the more it becomes a long-term loss, this is obsession.
5. If a coin has hurt you before, you will detest it for life. Even if a good opportunity arises, you will not want to buy it again. This is obsession.
6. When you sell a coin in the short term, and according to your judgment, this coin still has a lot of room to pump. Even if you chase it back now, it will only increase the cost by two points, but you absolutely refuse to chase it. This is obsession.
7. I want to buy coins every day, even if I don't buy them, I have to buy them, buy them casually, use up the last penny in my account, this is obsession.
8. No patience, can't hold coins, short-term can't stay still, can't stand it, this is obsession.
9. When you have been doing a certain pattern for a long time, and have been losing for a long time, but still refuse to change your mindset, this is obsession.
10. When you lose money continuously, you will become angry and you won't be able to win once if you don't believe it. Then you continue to increase your betting chips, which is obsession.
11. When you make a profit of 18 points, there is actually a signal of pump exhaustion in the short term, but you insist on reaching 20 points before taking profit, which is persistence.
12. You are trapped with a heavy position of one contract for five points, but you do not understand the structural trend, you are unwilling to stop loss, and you keep replenishing the position continuously. You insist on making money on this trade, and end up with heavy position trapped, until you are unable to turn the situation around. This is obsession.
13. When you achieve success due to survivorship bias, you persistently believe that this method is feasible. However, subsequent practice repeatedly proves that you are wrong, but you are unwilling to admit it and persist stubbornly. This is obsession.
14. When a transaction deviates from expectations and you regret it for a long time, replaying it over and over again in your mind, that is obsession.
There are many obsessions in trading, too many to list. Just like the male lead who went all in in a movie last year, if the obsession is removed, one will become enlightened; if the obsession is deep, one will become demonic. How many people have gone red-eyed and fallen into the abyss in the end?
Protect trading emotions, maintain rational thinking, and trading can be stable and lasting.