Mindset Training: Emotional Gymnastics in the Face of Market Fluctuations
The biggest killer in the cryptocurrency world is not the market itself, but emotions.
When prices rise, it's easy to become self-inflated, feeling like you've mastered the secrets of wealth; when prices fall, it's easy to fall into panic, questioning every decision in life.
But the market will not rise or fall a bit more or less because you are happy or sad.
True experts are not those who fear a decline, but those who know when to act and when to endure.
Before the market moves, watching more and acting less, minimizing fantasies and maximizing observations, is the key to long-term survival.
Emotions can be poison or the antidote; the ability to control emotions allows for control over positions, losses, and situations.