Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.
My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.
For a crypto investor or trader fear is a thing that should be eliminated from one of the qualities they possess because fear will be a major drawback to becoming a successful investor or trader. It is good to be conscious of one’s investment and fear not to lose them but fear shouldn’t influence your decision making. With fear you would miss out on certain opportunities to maximize profits so for an investor or trader to be successful he should be able to face his fears.
A trader who doesn’t have any knowledge about trading is just getting himself ready to lose his money and those who fear are still likely to lose their money because no matter how careful you are losing in trading is constant since trading is a 50/50 business but knowledge gives a person more confidence because he will do is take calculated risks and try to minimize the losses.