When I first entered the crypto space, I was brainwashed by the phrase "long-term holding is how you make big money." I enthusiastically bought a batch of altcoins, fantasizing about a 10x or 100x return in a few years and achieving financial freedom. But reality hit me hard — the altcoins I bought back then dropped from $10 straight down to $0.10, wiping out my account and leaving me with nothing.

Unwilling to give up, I then thought I could quickly recover through leverage, opening 10x and 20x perpetual contracts all at once. But with any slight market volatility, I got liquidated and lost everything. In just a few months, I went from an enthusiastic newcomer to completely doubting myself. It was only then that I realized most losses in crypto aren't the market's fault — they're usually due to three common "pitfalls" that beginners almost always fall into.

Today I'm going to expose these pitfalls. I hope this can help newcomers avoid taking unnecessary detours and stop wasting tuition fees.

**Pitfall One: Blindly believing in long-term holding, stubbornly refusing to let go of altcoins.** Many beginners get hijacked by "faith" when they enter the market, thinking they'll definitely get rich if they just hold for three to five years. But the truth is, the vast majority of altcoins eventually go to zero. Only a handful of coins survive long-term and experience explosive growth. Stubbornly holding on just slowly evaporates your principal.

**Pitfall Two: Fantasizing about getting rich overnight with leverage.** After their capital shrinks, many people panic and go all-in with high leverage to try to recover. With 10x or 20x leverage, small gains feel thrilling, but any minor market correction causes liquidation — you're back to square one overnight. Leverage isn't forbidden, but you must manage position sizing and risk properly, otherwise it's a time bomb waiting to explode.

**Pitfall Three: Trading too frequently, chasing pumps and panic selling.** You buy whenever a coin goes up, sell in a panic whenever it drops, and your account becomes nothing but a tool for the market to harvest retail traders. The market always rewards the patient. Frequent trading not only leads to repeated losses, but trading fees continuously eat away at your capital — the more you trade, the more you lose.

Remember this: In crypto, it's not about who makes money fastest, but who can stay in the game longest. Avoid these three pitfalls, execute your trading strategy steadily, keep your principal in your account, and slowly accumulate profits instead of paying tuition to the market. #特朗普考虑结束伊朗冲突