Seven Deadly Sins of the Cryptocurrency World
1. Pride: Veteran players look down on newcomers' basic questions, dismissing them with 'You don't understand'; small retail investors claim to be the 'Godfather of Cryptocurrency' after making a short-term profit, refusing to review their losses, and convinced that their operations are always correct.
2. Greed: Holding idle money for regular investments, yet envious of contract players' high returns, unable to resist leveraging to enter the market; after tokens double, they refuse to take profits, always thinking 'just one more rise,' and end up watching their profits evaporate or even get trapped.
3. Anger: A slight pullback in held coins causes a mental breakdown, flooding the community with complaints against the project team for being 'inactive'; after being 'cut' by the market, they do not reflect on themselves but instead spread rumors everywhere, venting their emotions and inciting panic selling among other retail investors.
4. Jealousy: Seeing others flaunting their profit screenshots, they rush to follow suit and buy the same tokens without considering the project logic; when they see competing products in the same lane skyrocketing, while their holdings stagnate, they begin to disparage others, claiming they are 'manipulating the market and running away.'
5. Lust: Attracted by the profile and speech of a 'beautiful analyst' in the community, they blindly follow her 'inside information' with heavy investments; they trust the recommendations of borderline hosts in live broadcasts, ignoring the loopholes and risk warnings in the project white paper.
6. Gluttony: Eager to ride the wave of trends, they buy five or six different altcoins from various sectors in one day, leading to a chaotic portfolio; regardless of position ratios, they go all in on a single token, putting all their eggs in one basket.
7. Sloth: Never reading project white papers or financial reports, they rely solely on fragmented information from short videos and communities to make decisions; after buying coins, they act like 'hands-off managers,' neglecting industry policies and project developments, only to regret it when they get trapped.
