Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Most people know that controlling emotions will be the factor that helps them increase their winning rate in trading as well as limit their losses. It is easy to say and sounds simple, but I believe that when anyone falls into a losing situation, they lose control of their emotions and behavior even though they have made the best preparations right from the start. That is also why trading is not for everyone, and not everyone with the knowledge, experience or skills will always guarantee profits.