What is the root cause of contract liquidation? As an old veteran who has been in the crypto space for 10 years, I have gained three profound insights through my hard-earned money: chasing highs and cutting losses, frequently switching coins, and overtrading. These three major ailments are the culprits that devour investors' profits. If one can completely rid themselves of these bad habits, achieving steady profits in the market is not difficult. The most painful lesson I remember happened when I first entered the crypto space. I was attracted by a strongly rising altcoin (FIL) and impulsively bought in at a high price. Little did I know that I entered at the peak, and the coin subsequently entered a continuous downtrend. Due to my lack of experience, I panicked and cut my losses during the ongoing decline, ultimately resulting in significant losses. This unforgettable experience made me forever remember the crypto iron rule: "Impulse is the devil." What do you brothers think is the root cause of losses? Like and leave a comment, let's discuss in the comment section!