First, let's analyze it.

First: When seeing the intraday rise, one gets excited. The price has started to rise and is about to rise sharply. One is afraid of missing out, so one rushes into it without observing the position of the coin, its shape, fundamentals, and whether the volume is sustained. One just stands still after buying it.

Second: It is just the opposite of the above. When the price of the currency drops sharply, the stocks are sold immediately without considering the intraday acceptance and volume. Once the stocks are sold, the bottom is cut. The biggest problem with the above two points is that the mentality is unstable and the emotions are swayed. Investment is a business that pays attention to probability. It requires a certain rationality. Emotional thinking will not make good investments.

Third: Can't hold on when it goes up, and hold on when it goes down? Many people lose 5 points on a coin and do nothing, lose 10 points and wait for a rebound, or keep covering their positions in a downward trend. Covering positions is a wrong transaction in itself. There is also a kind of being trapped for a long time, and suddenly one day it is untied, a large volume stretch, a small drop the next day, and then they immediately run away, and the result is that the price rises to the sky, and they sell it at a loss. This is a common problem for most people!

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