Markets move fast, but emotions move faster. Fear and greed push traders into rushed decisions,buying tops, selling bottoms, or overleveraging positions.
Ethereum, stablecoins, or Bitcoin,it doesn’t matter. Without emotional control, the outcome is the same. A calm mind is as important as any chart.Do you think your biggest challenge in trading is technical skill or managing your own psychology?
Both are equally important, although managing emotions comes first among several other important factors. It's not uncommon for some people to lose simply because they make rash moves and decisions without careful consideration in trading, ultimately resulting in losses. Technical skills, along with knowledge of both old and new coins, are crucial to avoid being trapped in junk coins whose popularity declines over time. So, everything that can be applied to trading is equally important, although the order of importance can vary greatly.
Not only do you need both, but you absolutely need to combine emotions and skills when trading. In terms of order I think skills (strategy) come first, followed by emotions. Because when your emotions are out of control, you can refer to your trading plan or strategy. This way you can ensure every decision aligns with that plan, not just your immediate emotions.
Furthermore if you combine skills and emotions, you can consider automating parts of your trading system, such as determining when to make decisions. This will minimize the influence of emotions on your decisions. However managing emotions is the most difficult aspect of this process, so you must practice frequently to effectively manage them.