In fact, it is the most important thing to learn when trading cryptocurrency. Controlling your emotions and not making decisions based on emotion. But to be able to do that you also need to know what you are doing and understand what is happening. As long as you don't understand that, you always make decisions out of emotion. And the emotions that bother people who get into cryptocurrency trading are in fact these 6 emotions ...
Fear (especially Fear Of Missing Out (FOMO))
Greed
Nothing for a long time….
Hope
Excitement / anxiety
Boredom (less applicable in cryptocurrency trading;))
Frustration
To avoid making wrong decisions you should have the knowledge of the market, what is happening at that time in the market, and you should recognize your own emotions, so you can block them and get back to rational thinking instead of thinking with emotions and jump in or out because of emotions.
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Exactly. You said it all. Knowledge/rational thinking over emotions if one must survive in that trading space
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