After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:
+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
right. I made the same mistake many times a month.
For example, I have determined my buying point will be at 14 but when its price has fallen to that level, I don't buy it and hesitate. Now its price has risen to 26 and that's the worst.
I kept repeating the same mistake many times. I think we should have a private investment fund and respect our decision. that will help us be more assertive.