The ups and downs of the crypto market can lead you to make panic decisions. These 5 mental hacks, used by professional traders, will help you avoid impulsive buying and sell wisely, even in the worst crashes.
📋 24-Hour Rule
Before clicking “buy” or “sell,” wait a day.
It allows you to filter decisions based on emotions and review data with a clear mind.
🧘 4-7-8 Breathing Technique
Inhale for 4 seconds, hold for 7 seconds, exhale for 8 seconds.
Reduces cortisol and dispels the urgency to trade in a panic.
🎯 SMART Goals
Define entries/exits with Specific, Measurable, Achievable, Relevant, and Time-bound criteria.
It keeps you attached to your plan and prevents you from reacting to every piece of news.
📈 Emotional Trading Journal
Write down your mood and reasons before each trade.
By reviewing it weekly, you identify error patterns and improve your discipline.
👥 Crypto “Buddy System”
Trade with a partner: agree with a colleague on your stop-loss and TP.
Social obligation prevents you from deactivating your plan impulsively.
✅ Quick Conclusion
These 5 psychological tricks are your shield against FOMO and panic. Try them this week and measure your improvement in decision-making.
❓ Which hack are you going to implement first? Comment with the number and tag a friend so they don't get carried away by euphoria. 👇