Seven Years of Blood and Tears in the Cryptocurrency World: Those Who Lose Money All Fall into These 4 Traps $LYN

After seven years of struggling in the cryptocurrency world, I have seen too many people go from full of expectations to leaving in despair. When asked, "Why do I always lose?" the answer is four sentences, all lessons learned from liquidation; 90% of losers cannot escape ❌

1. Trap One: Frequent Trading, the More You Move, the More You Lose

Many people treat the cryptocurrency world like a casino, thinking that "being in cash is losing" and watching the K-line to enter and exit dozens of times a day. It seems like they are catching fluctuations, but when accounting for fees and slippage, the principal quietly shrinks by 30%! Real opportunities require waiting; the more eager you are to "make a few more trades," the easier it is to be played by the market. Less action is the beginning of winning 🛌

2. Trap Two: Heavy Positions and High Leverage, Gambler's Mentality

Holding the mindset of "betting to turn things around," investing 80% of the principal in one cryptocurrency while using 10-20 times leverage — this is the fastest way to liquidation! I know a guy who made a few times his money with leverage, but later went all-in on altcoins, and when the project team ran away overnight, his account was wiped out. Leverage is a magnifying glass that can amplify profits but also death; a 5% reversal can lead to total loss 🚫

3. Trap Three: Taking Small Profits and Holding on to Big Losses

The most common psychological trap! Panicking to cash out at a 5% profit while stubbornly holding on through a 30% loss, "waiting for a rebound." Some even add to their positions when they fall below key levels; in the end, they lose 80% of their capital and miss the chance to recover. The market is never afraid of you taking profits early, but fears you cutting losses late — small losses are scratches, while stubbornness can be fatal 🩹

4. Trap Four: No Stop-Loss, Naked Trading

Too many people place trades based on feelings, without planning ahead for risks, believing that "the market will move as I think." But there are no inevitable trends in the cryptocurrency world; one piece of bad news or a market crash can halve your position. Not setting a stop-loss is like driving without a seatbelt; everything seems fine until one accident ends it all. Stop-loss is the lifeline of trading and must be ingrained in your bones 🛡️

All the surviving veterans around me treat "stop-loss" as a hard rule. Even if occasionally shaken out, it’s better than being liquidated.

In fact, the logic of making money in the cryptocurrency world is super simple: do fewer ineffective trades, stay away from high leverage, learn to take profits and cut losses, and respect risks. Protecting your principal is the only way to endure until you can profit.

The team still has openings; if you want to avoid these pitfalls and make steady money, feel free to hop on. I only do real trading without empty promises; follow the rhythm, and you too can turn from losing to winning ✊