Trading cryptocurrencies, it's not about whether you understand the technology or if your information is a bit slow; what you should fear is when you rush and throw all your judgments out the window.
How many people have been liquidated in their emotions? Clearly planning to cut losses, but when it comes time to trade, they panic and want to gamble on the last wave of rebound; clearly needing to take profits, yet they hesitate to exit, thinking about getting a little more, only to find that the price has gone and the profit is gone too.
In the crypto world, it's not about who is quick with their eyes and hands, but rather who can remain calm. When the market fluctuates, the group chat starts to explode, Twitter is filled with "don't miss the last opportunity to get on board," but the ones who truly make money are often those old hands who remain unmoved amid the chaos.
Calmness is not about hiding in a corner and staring blankly; it's about being able to make the right decision when the market goes crazy. It's not about being greedy; it's about knowing when to stop.
If you want to survive in the crypto world for a long time, technology is just a tool; the real moat is your ability to withstand market conditions and also manage the impact of your own emotions. Calmness is the underlying operating system for every trader.