Post
Topic
Board Beginners & Help
Re: How to Keep Emotions in Check and Maintain Strategy as a beginner
by
Gallar
on 23/08/2023, 09:16:23 UTC
~Snip
In my opinion, the advice you give is very appropriate and very good. Because the advice you provide does contain basic points to start investing or starting trading in the crypto world. But believe it or not, even though a beginner in the crypto field knows the advice like you gave, in reality all the suggestions are still difficult for beginners to implement when they start investing or trading in crypto, especially mental matters. Therefore, material knowledge alone, in my opinion, is not enough. But you have to be trained as the trading or investment itself progresses, so the point is that you have to be able to learn from direct experience. Because what I feel personally, when I first started trading and investing in crypto. My mentality was really tested, even though I had learned all the basic knowledge about investing/trading in crypto. But for some reason I always feel tense and anxious when I see the crypto market, especially when the coin I buy experiences a price drop, even if it's a slight decrease. The point is that in my mind there is anxiety or excessive anxiety. So if I can't stand the anxiety, I will immediately sell the coin that has decreased, even though I am experiencing a loss. Because in my mind, I'm afraid the coin will go down even more.

But fortunately I was able to get through this difficult phase, and now I can control my emotions or thoughts more. So in conclusion, studying science in investing or trading in crypto is mandatory, but that doesn't mean that you feel you have enough knowledge is enough. Because the real test will occur, when you have started and run your trading or investment. So it is in that phase, in my opinion, that the knowledge and knowledge about crypto that has been studied must really be used. In order to subside the anxiety and anxiety that will surely be overshadowed. And if you can get through that phase, then you will realize that this is an experience that can be learned.