The emotional part of investing.

Surely, we have all gone through our first emotional lesson when investing in cryptocurrencies. The accelerated heartbeat and the excitement of seeing if our investment has been a success.

Then the drop, and the loss of our investments. There is simply no certainty.

How to win in this business full of uncertainty?

Learn to measure the risk.

If you came to win big, prepare yourself; this world is filled with ups and downs. Investments in crypto are full of uncertainty. Certainty is a harmful idea. It does not exist; if you have it, then you don’t know what you are doing. The market can change, and you could lose everything.

That’s why you shouldn’t invest more than you can afford to lose. I always recommend not exceeding 10% of your monthly income or your savings, depending on the case. That way, if you lose your money, it won’t be so painful.

Tolerable losses and intolerable losses.

To measure your losses, stop looking at your amount. Focus on the percentage. The percentage is the most important; as long as the positive percentages outweigh the negatives, you will have a profit.

Study the market.

What history does this coin have?

What position is it currently in?

What project supports this coin?

and above all, what does the investor community think?

Learn from your failures.

If you lose once and feel devastated, okay, take a break, the time necessary to catch your breath. If after recovering you want to invest again, go ahead; you already know how it is. Study, continuously review your successes and failures. Use the scientific method to determine if you have understood the game before re-entering.

In summary, the world of cryptocurrencies is tough; there is a lot of false information. Create your own strategy, listen to the community, and research the cryptocurrency and its projects.

If you get it right, you could recover your losses that you have dedicated to hard learning. All learning comes at a cost, and this could cost you quite a bit. So don’t be greedy, and measure your achievements little by little.

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