Ethereum is about to break 3000, and the more critical the period, the more patience and courage are needed. Jesse Livermore once said: In the stock market, those who can control their emotions can control the outcome. This statement is equally applicable to trading cryptocurrencies. The following 5 psychological principles are suitable for anyone hoping to turn their fortunes around in the crypto space.
1. Contracts are not about who makes money fastest, but about who lasts the longest.
2. The cycle is a friend of profit, while volatility is the enemy of liquidation.
3. Every instance of huge profits is a reward for understanding and patience.
4. True experts focus on 'position' rather than 'excitement'.
5. Before placing any order, think of the worst outcome first.
