Do not do emotional day trading.
I have lost nearly 1500$ over one night. we think this is the best coin for day trading seeing only the chart increment percentage. then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.
You have a point, mate. Crypto decisions is not about emotions but rather based on tactical analysis of the market trend and performance of a coin on the market. Never choose a coin for day-trading out of FOMO, unless you intend to risk your capital. Perform studies on the coin for a while before choosing it for day-trading.
yeah, that's how it should be.
crypto market is very risky, do research first before investing in a coin that suddenly rises up to many times a day.
what you say is true, crypto's decision is not only based on emotion. we really have to check everything related to the coin if we don't want to lose our money.