What are the three major sins in the cryptocurrency world?


1. Greed
Always wanting to maximize every market move, afraid of missing out, afraid of earning too little, unwilling to take profits, clearly making money but still wanting more, ultimately riding the roller coaster to give back profits or even turn losses.
2. Impatience
Losing money causes emotional breakdowns, impatience and defiance, impulsive trading, revenge trading, doubling down on positions, only wanting to quickly recover the capital, completely driven by emotions.
3. Obsession
Having too much attachment, losing the trading system and risk control, blindly chasing gains and selling declines, following news blindly, unable to discern market laws, living in one’s subjective fantasies.
Greed prevents you from taking profits, impatience makes you trade against the trend recklessly, obsession causes you to completely lose your bottom line.
When these three sins occur together, whether in stocks or crypto, you will eventually be harvested and trapped by the market.
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