$BTC
Hello crypto enthusiasts!
Below are 3 silent killers that I have battled – and how you can defeat them too:
1. FOMO Frenzy & Emotional Rollercoaster 🎢😫
Have you ever jumped into a coin because everyone on Twitter was excited? Or sold in panic during a dip, only to see it bounce back stronger? That's FOMO (Fear of Missing Out) and trading based on emotions. I chased pumps, sold low, and let greed and fear dictate my decisions. It's like driving with a blindfold on!
Helpful Tip #BTCWhaleTracker : Create a trading plan and stick to it. Define your entry and exit points before trading. Use Stop-Loss orders to manage risk automatically. Remember, the market doesn't care about your feelings! 🧘♀️
2. "Research? No, I'll just YOLO!" (Lack of Thorough Research) 🤦♀️📚
3. Overtrading and revenge trading.
