I have seen a case, quite typical. An investor lost their initial capital of ten thousand and was left with only twelve hundred in three months. Can you guess how they lost it? It was all those traps that Crypto Veterans could see through at a glance.

First, let's talk about the first trap – the so-called "exclusive information".

This guy joined a community where someone said a certain token would double next week. Without thinking much, he went all in. A week later? It plummeted by 60%. It was only later that he realized those "insider news" were simply paid promoters hired by the project team to lure retail investors into buying.

It makes sense; who would casually share truly valuable information in a group of hundreds? Opportunities that seem too good to be true are often traps.

The second mistake is more common - letting emotions dominate the operation.

When it rises, he charges in; when it drops, he runs away. He bought a mainstream coin, added to his position when it rose by 10%, and then cut losses immediately when it pulled back by 5%. And then? That coin rose by 40% two weeks later.

What is hidden in the K-line chart is not opportunity, but your greed and panic. Before taking action, it’s better to write down clearly on paper: What should I do if it rises? What should I do if it falls? Having a plan will prevent you from being led by the market.

The last trap is called "New Coin Illusion".

Many people believe that newly launched coins do not have a trap, making them easier to pump. He rushed to buy three new tokens, but two went to zero directly, and one dropped by 90%.

What is the reality? 90% of new tokens on the market have no actual application scenarios. No matter how beautifully the white paper is written, it is just empty talk. Want to get involved in such projects? First, check if the team background is open and transparent, and then see if there are real landing products.