#数字资产市场动态 Having been in the crypto world for six years, I see one truth: 90% of retail investors end up crashing in the same pits $LDO $ARB

Since entering the market in 2019, I have seen too many people full of hope for a "big gamble to turn things around," only to leave in disappointment with accounts cut in half or even wiped out. The problem is never luck, but these four deadly trading traps—I've summarized them through three margin calls and two years of tuition fees—and 90% of losers have stepped into every single one.

**Trap 1: Frequent trading is the most covert harvesting machine**
Too many treat the crypto market like a casino, constantly chanting "being out of the market = missing opportunities." Making seven or eight trades a day has become normal. On the surface, it looks like active trading, but the fees and slippage are like a dull knife cutting meat—your principal quietly disappears this way. The real big opportunities in the market require patience, not overtrading to fill anxiety. Less action is the first step to wealth; this is not just hype, it’s numbers.

**Trap 2: Leverage is a highway to liquidation**
Using full position with 15x, 20x, or even 30x leverage is the fastest way I’ve seen to self-destruct. A friend made some good gains with leverage, then got overconfident, went all-in on a small coin, and the project team ran off with the funds—his account was wiped out instantly. Leverage amplifies not only gains but also risks of out-of-control losses.

**Trap 3: Asymmetric psychology of take profit and stop loss**
Lock in 3% profit immediately, but scream "a rebound is coming" when losing 20%. Some even add to their positions after breaking support, only to lose 70% of their capital before quitting in despair. This psychological asymmetry—taking small profits quickly, enduring big losses—plagues retail traders. Small losses are just surface wounds; stubbornly holding on to big losses is the real dagger.

**Trap 4: Trading without stop-loss is gambling**
Opening trades based on gut feeling, without planning risk limits, will cost you in the crypto market. A policy change, negative news, or a project collapse can instantly halve your position. Stop-loss is not about admitting defeat; it’s a life-saving tool to survive longer—must be ingrained in your mindset.

Experienced traders who survive all treat stop-loss as an iron rule.

The logic of making money isn’t complicated: quit ineffective trades, avoid high leverage, establish discipline for take profit and stop loss, and maintain respect for the market. Protecting your principal is always the top priority—only by staying alive can you wait for the moment to eat meat.