📉📈 The typical psychological cycle of cryptocurrency investors, have you fallen for it? 🤔💭
In the crypto market, emotions often drive decisions rather than rational analysis. Let's take a look at the psychological changes of most people 👇
🚀 When the market is rising:
🔹 +10%: "This is just a small rebound, let's wait and see."
🔹 +30%: "It should correct soon, I'll wait for the pullback to enter."
🔹 +50%: "It's rising too fast, it's probably going to crash!"
🔹 +100%: "Bull market confirmed! ALL IN!💰🔥"
✅ What is the correct approach?
1️⃣ View market fluctuations rationally and avoid emotional trading.
2️⃣ Plan entry and exit strategies in advance, don't wait for market frenzy to enter.
3️⃣ Adhere to money management, control risks, and not be swayed by market emotions.