Post
Topic
Board Trading Discussion
Re: The market is confusing
by
Sterbens
on 05/02/2022, 09:43:47 UTC
Fluctuations in the crypto market are normal and we should get used to it,
prepare all the very important things before entering into the market,
one of them is mentally preparing because in crypto it is difficult to predict and not everyone can survive with such conditions
In fact, building a mentality is not as easy as it seems. When relative market fluctuations make a lot of various assumptions that cause a lot of panic in the market. If it's not possible to trade, try studying long-term investing with the cryptocurrencies reviewed. There is no need to worry about a temporary increase or decrease in price. Investing is the most preferred thing if the time to trade does not really provide a guarantee in a short period of time.
Exactly, we can do trading as we know that but sometimes our emotions have been giving us troubles and even not to think the right thing, instead, it leads us to the wrong direction. If we can just manage this feeling (panic/worries) that trading is really good and really profiting but somehow, it seems so hard to execute.

Even in investing, a simple act of holding can't be perfectly executed and that was because we have been influenced by our emotions. That is why we need to stop this and help us not to confuse as the dumps and pumps exists forever.
That's how both the trading and investment cycles have the same level of mentality. self-control and familiarity with market price movements should always be considered positive. Sometimes self-test is the most important, always be as controlling as possible. Traders and investors have their own way of dealing with market situations. Therefore, the concept of investment in my opinion so far is still effective in controlling mentality.