I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
Adding to this:
Trading with doubts and greed makes the market go against us most times.
After your analysis, and you decide to place a trade, but with the price movement, you start developing doubt against your own analysis, most times can also lead to loss
From my experience, trading and wanting to get higher profit than the profit you've set for that trade, might give you a loss result. Which might be very difficult for one to handle emotionally. Set your goal and eliminate greed your your trades.