#TradingPsychology Trading psychology plays a crucial role in success in the financial market, especially in the area of cryptocurrency trading. Many traders underestimate the influence of emotions such as greed, fear, hope, or impatience on their decisions. These feelings can lead to entering too early, selling too late, or acting against one's own strategy. A common problem is the so-called 'FOMO' (Fear of Missing Out), where traders make impulsive trades out of fear of missing an opportunity. Equally dangerous is 'Overtrading', which is the constant trading out of nervousness or the urge to quickly recover losses. To trade successfully, it is important to develop a clear strategy and stick to it strictly – regardless of short-term emotions or market fluctuations. Discipline, patience, and good risk management are the cornerstones of trading psychology. Many successful traders also keep a trading journal to better reflect on their emotions and decisions. In the long run, it is usually not the most impulsive but the calmest mind that wins.