There is a foolish method of trading cryptocurrencies that almost guarantees 100% profit. I used this method to earn over 20 million!
How to avoid anxiety from trading:
1. You must do your research before buying, including fundamentals, technicals, and the overall environment.
2. Create a buying plan, including price, and consider building your position in 2 or 3 parts. Always use limit orders; otherwise, you'll have to keep staring at the candlestick chart, which will make you anxious and exhausted.
3. Establish stop-loss and take-profit plans; you can use key levels for these or set fixed percentage changes. Stop-loss and take-profit should also be set with limit orders to avoid constantly watching the market, as that will keep you anxious.
4. Buy and leave it alone. Set your take-profit and stop-loss, then go do something else. Don’t keep checking the candlestick chart; the more you look, the more anxious you become, and the more difficult it is to control your impulses, leading to mistakes.
5. Manage your position size well; don’t go all in.
If you feel anxious or uneasy, reflect on where the problem lies. Is it a lack of confidence in the cryptocurrency, inadequate research, not setting stop-loss and take-profit, too heavy a position, eagerness to make money, or lack of patience? Correct these issues in a timely manner to rid yourself of anxiety. If you really can't shake it off, then liquidate your position, stop trading, go out and have some fun, or return to your life, and come back after a while.
If you are also a tech enthusiast and are deeply studying technical operations in the crypto space, feel free to check out my article on the public account 'Sunny Days in the Crypto Circle', where you will get the latest information and trading skills in the cryptocurrency world.