In the world of Bitcoin, knowledge and emotional control are essential. Being aware of these psychological factors can help investors make informed and rational decisions while navigating the crypto rollercoaster.
Yeah, it's the emotion that changes our decision in every situation. Sometimes these emotions give us good results and sometimes they give negative. When we came to the crypto world we needed to hold and control our emotions. If we make a wrong decision the result will be loss. Many people when they gain some profits and their greedy emotions are out of control tend to invest the whole because the market is in good condition so they can make huge profits but suddenly the market goes down and all their funds are gone and they leave nothing.
You mentioned some good emotional factors and that's all I think need in the crypto world to be not fear and control the greedy nature. To shorten the long story then I would say that if you control your emotions and think through your mind you will not do any loss.