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.
I think this is a very important note and needs to be considered by traders. Emotions such as fear, greed and hopelessness can affect a person's ability to make rational and objective investment decisions. When a trader is overly emotional, he may be inclined to take unbalanced risks or sell bitcoins quickly without considering long-term factors. In such situations, the decisions taken may not be based on sound analysis and may have a negative impact on investment returns.
It is very important for traders to control their emotions and consider investment decisions properly and correctly. Some ways that can help manage emotions when trading include paying attention to market knowledge gained through analysis and experience, as well as maintaining a well-prepared trading plan.