Market sentiment affects investment. Negative news in the market can easily cause us to fear that we will actually buy and sell currencies in the wrong way. Control your emotions when investing, and calmly analyze market fluctuations to make the right investment choices.
Being able to control emotions is very important in bitcoin investment. People with bad emotions easily panic when prices drop, but people with good emotions will not panic even if the market is bad, they will analyze the market and determine whether to play long-term or short-term. This is usually done by experienced investors.
Indeed. The most important thing is to trust the coins you choose. If you don't even trust those coins then probably you will going to panic every time the price changes especially when market price starts to increase. You have to control your emotions and adjust your mentality because it is very important in investing. You must need to have good patience, starts to research things to learn and learn to analyze trends. Every decline is an opportunity and learn to overcome fear. Have the courage to bear consequences because it will help you learn and make it as your inspiration to not do the same mistakes you did.