🚨Fear of the price drop... 🔻..and the loss when it rises💲
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 returns to rise?!
He took advantage of the rise and the return of the price; we exit at the first opportunity driven by fear of escaping the previous loss.
⛔🪙 Here is a role-playing game between the emotional investor and
The rational:
The emotional investor surrenders to the market to completely control his decisions.
The rational investor is always committed to his plan and invests confidently in 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 greater dilemma and serious problem arises from their behavior when returning and the price rises.
Once they make a small profit, most of them sell quickly and exit the market, fearing a repeat of another drop; this way, they are deprived of the upward wave and the real benefit of their early exit.
🔐 What should you do?!
1️⃣ Create a suitable strategy before entering.
2️⃣ Set goals and exit points 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.
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