The investment mindset determines success or failure; don't let 'greed' ruin your wallet.
Greed is the emotion that most easily consumes investors' rationality in the cryptocurrency world.
When prices continue to rise, many people rush to buy, thinking 'it can rise even more,' resulting in often buying at a high.
Or, when the market declines, they are unwilling to cut losses, fantasizing that prices will rebound, leading to expanded losses.
Mature investors understand how to control greed, set reasonable targets and profit-taking stop-loss points, and realize profits in a timely manner.
Rationally analyzing the market and not blindly pursuing exorbitant profits can help avoid being led by greed.
Investing is not only a competition of skills and information but also a battle of mindsets.
Those who understand how to restrain greed can go further.
