MISTAKES TO AVOID IN THE MARKET THAT INVESTORS SHOULD STEER CLEAR OF

[NewspaperD2]

THINKING SOMEONE CAN PREDICT THE MARKET:
We believe that someone can accurately predict the upcoming market. The truth is, the future is nearly impossible to predict on a regular and precise basis. In market fluctuations, experts often overestimate their predictive abilities. However, for success, we need a different strategy. Forget about predictions and come up with a strategy that can be effective even when we can't predict how everything will unfold.

STRIVING FOR PERFECTION:
In investing, sometimes we make it difficult for ourselves. Trying to "buy the bottom" and "sell the top" is often nearly impossible. To be successful, we must accept and learn to manage uncertainty. Even though we know the market may fall further before rising again, we should still be determined to buy, as we can only determine the market's bottom after it has already happened.

FEAR OF MAKING MISTAKES:
This is quite similar to promoting for perfection. No one in investing likes to make mistakes. However, investing is a risky puzzle. We can only recognize opportunities and manage uncertainty. Any coin or project, no matter who creates it, can lead to losses, and we should accept that.

LACK OF INDEPENDENT ACTION:
At the most critical moments, such as turning points, the "crowd" often makes mistakes. So we need to act in a way that is almost the opposite, and this is an extremely difficult task, making us feel isolated... but what can we do?

OVERCONFIDENCE:
For some reason, most of us think that investing is easy. Oh no, it's not. In reality, investing is a difficult and tedious job. It requires you to seriously devote time to it, diligence, and patience.

LACK OF PATIENCE:
Because investing doesn't mean immediate rewards. Successful investors always achieve results slowly, if not, they go through many failures. They understand that investing or building a career is a marathon race, requiring perseverance. It's not a sprint.

HOLDING UNREALISTIC EXPECTATIONS:
When the market is in a downtrend, don't dream about x50 x100 bets, or x10 x20 for too large-cap projects. Don't be deceived by the expectations of unrealistically huge profits. The lesson is that some "financial bubbles" have occurred, with meme coins promising wealth overnight.