5. Stay calm and try to control temporary emotions.
That's easy to say, but for most traders, it's not easy to do, especially if they're first-timers and don't have any knowledge of trading yet. Then we know that in every action we take, our emotions do not disappear.
Staying calm is easy to do if the situation is not that tense, but when there is a scenario where the value of the assets you bought suddenly falls, there is a feeling that you will panic if you are not prepared for such situations. But if you are ready, you can definitely control your emotions.
If you are just involved in trading then it is very natural, you will panic when you see the value of the assets you own go down, but if you persist, believe me, you will get through all this comfortably. Forming mental resilience in trading takes quite a long time, it can't be done. completed in just 1 year or 2 years so that's for all beginners, you have to be patient if you want to become a professional and reliable trader, everything will never be instantaneous.
trading is not as easy as 123 like what others think , that they can learn trading and earn from it shortly but ending ? they just lost and then blaming this cryptomarket for their stupid attitude.
some of my friends even took years before they can call themselves trader because of what they need to go through .
Yet the fruits is very great because you can make multiplier but of course need to risk sometimes truly big.
but always remember that trading needs no emotion but perseverance and dedication , that will bring you to gaining.