🚨The fear of the price drop... 🔻..and the loss when it rises💲
The fear of the price drop... ..and the loss when it rises
✅ Everyone thinks that the most dangerous scenario when investing in cryptocurrencies is the drop in prices, but the real disaster occurs when the price starts to rise?!
Instead of capitalizing on the rise and the return of the price, we exit at the first opportunity out of fear of escaping the previous loss.
⛔🪙 Here is the role-playing between the emotional investor and
Rational:
The emotional investor lets the market completely control their decisions.
The rational investor is always committed to their plan and invests confidently for the long term.
🪙Golden advice 🪙
== The fluctuations in your decisions are much more dangerous than market fluctuations ==
📖 Learning formulas { for beginners }
Most beginners believe that losses in the cryptocurrency market come only from fluctuations and price drops. But the major dilemma and serious problem come from their actions when prices rise again.
Once they make a small profit, most sell quickly and exit the market, fearing another drop. In this way, they are deprived of the upward wave and the real benefit of exiting early.
🔐 What should you do?!
1️⃣ Create a suitable strategy before entering.
2️⃣ Set goals and points of sale before entering the market.
3️⃣ Do not let fear and greed drive your decisions { Always be in control. }
==In summary==
The nature of the market is volatile, so you must manage yourself before managing the market.
