#以太坊行情解读 At the dinner table, the old classmate's expression was particularly heavy.

Half a year ago, he confidently投入80,000 yuan, firmly believing that "spot trading is a safe business." Now, opening his account... just over 10,000 yuan. The painful lesson is right in front of him.

His approach is actually very common: spending all day in various communities, listening to news, following trends, placing orders; when the coin price drops, he desperately adds to his position, thinking it will rebound; when he finally sees an increase, he’s reluctant to take profits, ending up deeply involved.

Many people think that as long as they don’t use leverage, spot trading is safe. Wrong. Spot trading may seem simple, but there are many hidden pitfalls—step into one, and it’s enough to make you suffer.

**How to avoid these pitfalls?**

**First, don’t follow the herd in shouting signals.** The voices in groups shouting "will skyrocket" are mostly the main players offloading. If you follow and enter the market, you basically become a bagholder. This will cost you real money.

**Second, don’t blindly add to your position during a decline.** If the trend is downward and you keep adding, it’s like throwing stones at a drowning person’s head—you’ll sink deeper. Cut your losses decisively to protect your principal; only then do you have a chance to turn around. Many people die because they can’t bear to cut losses.

**Third, don’t go all-in on a single coin.** Black swans can fly in at any time. Putting all your chips into one project can lead to total loss with just one negative news. Diversification may seem troublesome, but it’s actually an insurance for longer survival.

**Fourth, don’t overly rely on others’ advice.** Instead of listening to ambiguous words from others, learn some basic K-line analysis—be cautious of dense upper shadows, observe long lower shadows, and if you don’t understand the market trend, stay on the sidelines. Watching from outside is often the best strategy.

**Fifth, keep a steady mindset.** Crypto trading is essentially a contest of discipline and patience. Set your take-profit and stop-loss plans before trading; don’t be led by short-term fluctuations, and you can survive longer.

The crypto market is never short of stories of wealth creation, but more often it’s the loss books of ordinary people. Spot trading is definitely not a place to lie back and win—rational judgment, continuous learning, and strict self-discipline are the keys to long-term survival.

Markets happen every day; missing one wave means the next is coming, but once your principal is gone, it’s truly gone.