the biggest impacts to our psychology? maybe the media, the news, the rumors.
we read something and anticipate that it will move 'others' and so we act on our own.
we do it, but we have no idea what it should mean. what should a musk tweet mean to a price? 3%? 10%?
Yes it is very important to avoid these things, and know where you really stand when you’re trading or investing. The problem I have had sometimes that made me sell some of my tokens is usually because I am in need of the money at the moment, and sometimes when I am in need of the money the market will be going down and I will have no other option than to sell the tokens or coins and use the money for whatever it is that I want to use it for.
It’s not easy because you can’t keep that money there when you have a pressing need that you really need to solve once and for all. That’s why it’s very important to have enough funds that you will still have for running some other issues and then also have funds that you invest in assets like this without touching them no matter what.