How to get into Right Mindset for Cypto Trading ?
• Educate yourself thoroughly about blockchain, market trends, and risks.
• Set clear goals—whether short-term trading or long-term investment.
• Develop a trading plan with defined entry, exit, and risk limits.
• Control emotions by avoiding FOMO and panic selling; stay calm during volatility through mindfulness.
• Practice proper risk management by trading only with money you can afford to lose and diversifying your portfolio.
• Use technical and fundamental analysis for informed decisions, avoiding impulsive actions.
• Stay patient, persistent, and avoid overtrading.
• Focus on quality trades that align with your strategy.
• Consistency and discipline are key.